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Smallcap Stock's Remarkable Journey: Rs 4 to Rs 121 Return, Bonus Share Meeting Set for February 28
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R M Drip & Sprinklers: From Rs 4 to Rs 121, Bonus Share on Feb 28
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CNBC Awaaz
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23-02-2026, 11:32
R M Drip & Sprinklers: From Rs 4 to Rs 121, Bonus Share on Feb 28
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R M Drip & Sprinklers stock surged from Rs 4 in 2024 to over Rs 120, delivering bumper returns to investors.
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The company's board will consider issuing bonus shares on February 28, generating excitement among investors.
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Promoters increased their stake from 13.88% in 2024 to 21.06% by December 2025, showing confidence in the company.
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R M Drip & Sprinklers Systems Ltd manufactures micro-irrigation equipment, offering customized water management solutions.
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The company reported a 359% YoY revenue increase to Rs 50.27 crore in FY24, with a PAT of Rs 24.1 crore, and targets Rs 100 crore revenue for FY25.
Read Full Article on Cnbc in Hindi
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