Shares of ASMS zoom over 7% on December 16; Do you own it?

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Shares of ASMS zoom over 7% on December 16; Do you own it?

From Rs 2.93 to Rs 12.48 per share, the stock gave multibagger returns of 326 per cent in 5 years.

On Tuesday, shares of Bartronics India Limited (ASMS) zoomed over 7 per cent to an Intraday high of Rs 12.48 per share from its previous closing of Rs 11.65 per share with heavy volume.

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.

Bartronics India Limited is undergoing a comprehensive strategic transformation to accelerate growth in rural commerce, agritech and digital platforms. The company plans to rename itself as Avio Smart Market Stack Limited (ASMS), pending approvals, reflecting a new vision to build a national, omni-format digital and physical ecosystem for India’s rural economy. This strategic shift includes engaging a national brand ambassador to lead farmer-focused outreach and adopting the Avio platform. The company is laying the groundwork to build one of India’s most comprehensive rural commerce ecosystems by combining digital innovation, physical infrastructure, strategic partnerships and strengthened governance.

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In a major expansion, ASMS plans to roll out its Smart Agri Store franchise model, which will act as an on-ground extension of its digital marketplace. These stores will offer a unified rural commerce experience by integrating agri-inputs, advisory services, digital onboarding and procurement linkages under a single operating framework. To support this national expansion, the company will initiate the Expression of Interest (EoI) process for franchise partners and recruit senior professionals across key functions like agritech operations, technology and supply chain. Additionally, governance will be strengthened through the induction of directors with deep sectoral expertise and progress is being reviewed on Project Avio, including the development of the multilingual Avio Agritech mobile application and the unified digital marketplace infrastructure.

Bartronics India reported a strong operational turnaround in Q2 FY26. Revenue from operations saw a sharp 40 per cent growth both year-on-year (YoY) and sequentially, rising to Rs 1,239.67 lakh, driven by improved field execution and productivity across financial inclusion schemes. The company achieved a net profit of Rs 100.43 lakh in Q2, significantly up from Rs 44.71 lakh in Q1, reflecting enhanced operating leverage and disciplined cost management. For the half-year, profit after Tax increased 27 per cent YoY to Rs 145.14 lakh, demonstrating a more resilient profitability profile.

In September 2025 Quarter (Q2FY26), FIIs bought 9,74,924 shares of the company and increased their stake to 1.68 per cent compared to the June 2025 Quarter (Q1FY26). The stock’s 52-week high is Rs 24.74 per share while its 52-week low is Rs 11 per share. The company has a market cap of over Rs 370 crore. From Rs 2.93 to Rs 12.48 per share, the stock gave multibagger returns of 326 per cent in 5 years.

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