back to top
HomeSHARE MARKET₹165 Share Now Only ₹6; Huge Demand For This Penny Stock; More...

₹165 Share Now Only ₹6; Huge Demand For This Penny Stock; More Than 540% Return

Hot Stocks Alert Join

Nyssa Corporation Ltd Penny Stock: On the last Saturday, during the weekly holiday there was a sell-off in the market for stocks during normal trading. 

However, there was a huge demand for penny stocks. One of those penny shares is Nyssa Corporation Limited. The share climbed to the upper end which is 20 percent the weekend and it was priced at 6.79 rupees. 

The stock had topped the price of 6.90 on October 18, 2023. This was the 52-week peak of the share. As of May 23, 2023, the share price was 3.31. This is the 52-week lowest.

Pattern Of Return To Stock

The returns of Nyssa Corporation shares on the BSE index were fluctuations. This stock has yielded gains of over 540% in the past five years. However, the share price return over the three years was 295 percent. 

While the gains in one year were modest, however, the stock grew over 72 percent during six months. The stock’s gain up to this point has exceeded 35 percent. 

The stock has dropped by 95 percent over the long run. The year 2014 saw the share was trading at a price of the price of Rs 165.

What Stakes Does The Promoter Have?

Based on the shareholding pattern in December 2023, the promoter’s share in the company amounts to 26.51 percent. 

The public’s shareholding is 73.49 percent. Four persons are among the promoters. The promoters Rekha as well as Shailja Ruia own the most shares, which is 30,00,000.

About Nyssa Corporation Ltd

Nyssa Corporation Limited was formerly known as Ravine Trading Company Limited. 

The company operates in the construction industry which includes commercial as well as residential buildings. It is currently working on projects for Surat city in Gujarat state in addition to Kalyan city. 

The company also participates in finance-related activities. It was established in 1981.

Fundamental Analysis of Nyssa Corporation Ltd

Market Cap₹ 20.4 Cr.
Current Price₹ 6.79
52-wk High₹ 6.90
52-wk Low₹ 3.31
Stock P/E12.3
Book Value₹ 10.2
Dividend0.00 %
ROCE3.65 %
ROE2.70 %
Face Value₹ 1.00
P/B Value0.67
OPM28.5 %
EPS₹ 0.55
Debt₹ 2.51 Cr.
Debt to Equity0.08

Nyssa Corporation Ltd Share Price Target 2024 To 2030

Year1st Target2nd Target
2024₹7₹9
2025₹11₹14
2026₹15₹18
2027₹22₹48
2028₹52₹81
2029₹100₹134
2030₹150₹212
Hot Stocks Alert Join

Nyssa Corporation Ltd Shareholding Pattern

Promoters Holding
Dec 202226.51%
Mar 202326.51%
June 202326.51%
Sept 202326.51%
Dec 202326.51%
Public Holding
Dec 202273.49%
Mar 202373.50%
June 202373.49%
Sept 202373.48%
Dec 202373.49%

Nyssa Corporation Ltd Share: Last 5 Years’ Financial Condition

To gain a better understanding of how the market is performing, let’s look at the outlook of this share in the previous years. 

However, investors should be aware of the risks and the market conditions before making any investment decision.

Last 5 Years’ Sales:

2019₹ 8.15 Cr
2020₹ 5.08 Cr
2021₹ 10.45 Cr
2022₹ 16.97 Cr
2023₹ 6.15 Cr
Hot Stocks Alert Join

Last 5 Years’ Net Profit:

2019₹ 0.83 Cr
2020₹ 0.18 Cr
2021₹ 0.57 Cr
2022₹ 2.21 Cr
2023₹ 1.66 Cr

Last 5 Years’ Debt-To-Equity Ratio:

20190.08
20200.05
20210
20220
20230

Last 10 Years’ Profit Growth:

10 Years:
5 Years:13%
3 Years:60%
Current Year:-46%
Hot Stocks Alert Join

Last 10 years’ Return on Equity (ROE):

10 Years:
5 Years:3%
3 Years:5%
Last Year:3%

Sales Growth Over 10 Years:

10 Years:
5 Years:0%
3 Years:1%
Current Year:-54%

Company’s Positive Signs:

  • The company is almost debt-free.
  • The company’s stock is listed for 0.67 percent of the worth in the book.

Company’s Negative Signs:

  • While the company claims to have continuous profits, it’s still not making dividends.
  • The company has posted the lowest sales growth of 0.30 percent over the past five years.
  • The holding of the promoter is low at 26.5%.
  • This company has a low ratio of equity return that is 4.54 percent over the past three years.
  • The earnings are based on additional revenue that is Rs 0.68 crores.
  • The days of debtors have risen to 58.4 up to 96.2 days.

Conclusion

This article is a complete guide about Nyssa Corporation Ltd Share.

These information and forecasts are based on our analysis, research, company fundamentals and history, experiences, and various technical analyses. 

Also, We have talked in detail about the share’s future prospects and growth potential.

Hopefully, these informations will help you in your further investment. 

If you are new to our website and want to get all the latest updates related to the stock market, join us on Telegram Group.

If you have any further queries, please comment below. We will be happy to answer all your questions. 

If you like this information, share the article with as many people as possible.

Also Read: ₹102 Government Share Will Soon Touch ₹130 Target; Long-term ₹205 Target

Disclaimer: Dear readers, we’d like to inform you that we are not authorized by SEBI (Securities and Exchange Board of India). The information on this site is only for informational and educational purposes and shouldn’t be considered financial advice or stock recommendations. Also, the share price predictions are completely for reference purposes. The price predictions will only be valid when there are positive signs on the market. Any uncertainty about the company’s future or the current state of the market will not be considered in this study. We are not responsible for any financial loss you might incur through the information on this site. We are here to provide timely updates about the stock market and financial products to help you make better investment choices. Do your own research before any investment.

BEST FOR YOU

LEAVE A REPLY

Please enter your comment!
Please enter your name here