Penny stock below Rs 15: Micro-cap company amends MOA to enter agritech, dairy, Ayurveda, carbon credits and digital finance sectors!
DSIJ Intelligence-1Categories: Penny Stocks, Trending
From Rs 2.30 to Rs 13.55 per share, the stock gave multibagger returns of 489 per cent in 5 years.
On Wednesday, shares of Bartronics India Limited zoomed 1.50 per cent to Rs 13.55 per share from its previous closing of Rs 13.35 per share. The stock’s 52-week high is Rs 25.84 per share while its 52-week low is Rs 12 per share. The company has a market cap of over Rs 400 crore. From Rs 2.30 to Rs 13.55 per share, the stock gave multibagger returns of 489 per cent in 5 years.
Bartronics India Limited is set to significantly broaden its business scope, aligning with a strategic vision to enter high-growth, impact-driven sectors. This expansion will allow the company to diversify revenue streams into smart agriculture, value-added dairy products and Ayurveda-based wellness offerings. A key focus will be leveraging advanced technologies like AI, IoT, satellite data and blockchain to deliver customised services to farmers, optimise resource utilisation and improve agricultural productivity. The company also aims to monetise sustainability by participating in global carbon credit markets through eco-friendly farming practices and robust MRV protocols. This move will also strengthen value chains through investments in agri-logistics, cold chains and traceability platforms and drive financial inclusion through digital lending and insurance services for the rural economy.
This transformative vision is supported by detailed amendments to the company's Memorandum of Association, outlining new objectives. These include designing and operating integrated agritech platforms for farm advisory and predictive insights and dealing in various agricultural inputs. Bartronics will also empower farmers to participate in carbon credit markets by developing and facilitating MRV tools. Beyond agriculture, the company will venture into the Ayurveda, herbal and nutraceutical products market, including establishing clinics and engaging in the entire value chain of milk and dairy products. The amendments also cover capacity building, scientific research, establishing R&D units, developing proprietary software and securing necessary licenses and funding, all aimed at fostering sustainable rural development, food and health security and digital empowerment.
Earlier, Bartronics India Limited (BIL) and Ampivo Smart Technologies Private Limited had formed a strategic partnership. This collaboration aims to enhance BIL's technology infrastructure and jointly develop AI-powered digital solutions for financial, healthcare and commerce sectors, especially in underserved areas. They'll also combine BIL's on-ground presence with Ampivo's tech expertise to improve product and service delivery. BIL holds a 6.37 per cent stake in Ampivo.
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About the Company
Bartronics India Limited is a pioneering company in the fintech industry, dedicated to delivering innovative financial solutions and fostering inclusive growth. The mission of the organisation is to provide accessible banking services and empower underserved communities through strategic partnerships and initiatives.
According to Quarterly Results (Q4FY25), the company reported net sales of Rs 8.91 crore and a net profit of Rs 0.93 crore. In its half-yearly results (H2FY25), the company reported net sales of Rs 17.62 crore and net profit of Rs 0.60 crore in H2FY25. For the annual results (FY25), the company reported net sales of Rs 40.04 crore and net profit of Rs 1.75 crore.
Disclaimer: The article is for informational purposes only and not investment advice.