Promoters bought 2,31,302 shares aggregating to Rs 71,03,293 of this penny stock under Rs 35; Do you own it?

DSIJ Intelligence-1 / 29 Sep 2025/ Categories: Penny Stocks, Trending

Promoters bought 2,31,302 shares aggregating to Rs 71,03,293 of this penny stock under Rs 35; Do you own it?

The stock is up over 40 per cent from its 52-week low of Rs 21.20 per share and has given multibagger returns of 290 per cent in 5 years.

On Monday, shares of Bhatia Communications & Retail Ltd surged 2.1 per cent to Rs 30.10 per share from its previous closing price of Rs 29.48 per share. The stock’s 52-week high is Rs 35.47 per share and its 52-week low is Rs 21.20 per share.

The promoter of the company bought a total of 2,31,302 shares, amounting to a significant investment of Rs 71,03,293. Specifically, Santosh Prabhudayal Nandwani purchased the majority, acquiring 1,63,249 shares valued at Rs 50,02,724, while Ankita Prabhudayal Nandwani bought the remaining 68,053 shares for Rs 21,00,569.

About the Company

Bhatia Communications & Retail (India) Limited, a leading retailer and wholesaler of electronics, has grown from 1 store in 2008 to 237 stores (233 owned, 4 franchised) by FY25, primarily across South and Central Gujarat, with a growing presence in Maharashtra. The company, which is net debt-free with surplus cash and strong operating margins, maintains partnerships with major brands like Apple and Samsung. With promoters Nikhil and Sanjeev Bhatia holding 73.88 per cent of shares, Bhatia Communications plans further expansion into semi-urban Maharashtra over the next 2-3 years.

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According to the Quarterly Results, the net sales increased by 7.5 per cent to Rs 111.54 crore in Q1FY26 compared to net sales of Rs 103.77 crore in Q4FY25. The company reported net profit of Rs 3.58 crore in Q1FY26 compared net profit of Rs 2.93 crore in Q4FY25, an increase of 22.2 per cent. In its annual results, the net sales increased by 7 per cent to Rs 444.67 crore and the net profit increased by 20 per cent to Rs 13.82 crore in FY25 compared to FY24.

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In June 2025, FIIs bought 5,00,000 shares and increased their stake to 0.48 per cent compared to March 2025. The company has a market cap of over Rs 360 crore with a PE of 20x, an ROE of 18 per cent and an ROCE of 22 per cent. The stock is up over 40 per cent from its 52-week low of Rs 21.20 per share and has given multibagger returns of 290 per cent in 5 years.

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