Multibagger Penny Stock Under Rs 20: Company enters into an MoU with Huwel Lifesciences Pvt Ltd

Bartronics India Limited (BIL) has entered into a Memorandum of Understanding (MoU) with Huwel Lifesciences Private Limited for a strategic collaboration and equity investment. Under the agreement, BIL will invest a total of Rs 50 crore in Huwel, which will be paid in multiple tranches. This investment will give Bartronics a 15 per cent equity stake in Huwel on a fully diluted basis. The collaboration aims to leverage the strengths of both companies, with Bartronics providing support in areas such as business development, technology enablement, and digital outreach. The partnership will also focus on joint efforts in research, product development, and the launch of new healthcare products to expand into both domestic and global markets.

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The MoU outlines several key terms and special rights for Bartronics India Limited. As part of the agreement, Bartronics will have the right to nominate one director to Huwel's Board. Additionally, BIL will receive Right of First Refusal (ROFR) on the transfer of promoter shares, as well as Tag-Along rights if promoters sell their shares to a third party. The agreement also includes a call option, giving Bartronics the right to acquire an additional 15 per cent equity within 12 months at a pre-agreed valuation. The finalisation of this MoU is contingent upon the satisfaction of specific conditions, including completion of due diligence and obtaining all necessary statutory and regulatory approvals.

About the Company

Bartronics is a leading brand specialised in digital banking, financial inclusion and identity management technologies. With its focus on agritech, automation and intelligent systems, the company is expanding its global footprint while delivering sustainable impact through technology. The brand caters to 1 million+ customers.

In the first quarter of fiscal year 2026, the company reported net sales of Rs 8.83 crore and a net profit of Rs 0.45 crore. These figures follow its annual performance for fiscal year 2025, which saw net sales of Rs 40.04 crore and a net profit of Rs 1.75 crore. The company has also approved a change in its official location, moving its registered and corporate offices within Hyderabad to a new address at Trendz Atria House.

The stock’s 52-week high is Rs 25.80 per share while its 52-week low is Rs 11.77 per share. The company has a market cap of over Rs 460 crore. From Rs 1.80 to Rs 15.33 per share, the stock gave multibagger returns of over 750 per cent in 5 years.

Disclaimer: The article is for informational purposes only and not investment advice.