Why Did Augmont's Q1 Profit Fall Despite Digital Gold Surging 120% and Revenue Rising 30%?
India, Sept. 24 -- The shares of this small-cap company, which operates one of India's largest gold and silver ecosystems, supporting high-volume transactions through technology, supply chains, and institutional-grade processes, were in focus after its revenue jumped by 30%.
With a market capitalization of Rs 8,041 crore, the shares of Augmont Enterprises Ltd were trading at around Rs 880 per share, which is 14% below its 52-week high of Rs 1,020 per share, and at a P/E of 24.9, compared with the industry P/E of 25.1.
About the Company
Augmont Enterprises has a presence across the precious metals industry, with businesses spanning bullion trading, gold and silver refining, jewellery and digital gold. The SPOT platform provides access t...
Click here to read full article from source
इस लेख के रीप्रिंट को खरीदने या इस प्रकाशन का पूरा फ़ीड प्राप्त करने के लिए, कृपया
हमे संपर्क करें.