Stock of Flomic Global Logistics has rallied 4,947% in the last one year. The penny stock, which closed at Rs 2.93 on February 8, 2021 rose to a high of Rs 147.90 on the BSE today. An amount of Rs 1 lakh invested in the shares of Flomic Global Logistics a year ago would have turned into Rs 49.40 la…

Rs 3 to Rs 148: This penny stock turned into a multibagger in one year

Stock of Flomic Global Logistics has zoomed nearly 43,000% in over 2.5 years. The stock, which closed at Rs 0.35 on March 28, 2019 rose to a high of Rs 150.40 today, surging 42,871% on the Bombay Stock Exchange (BSE). An amount of Rs 1 lakh invested in the shares of Flomic Global Logistics on March …

Rs 0.35 to Rs 150: This penny stock turned into a multibagger in 2.5 years

Flomic Global Logistics reports standalone net loss of Rs 0.92 crore in the March 2021 quarter

Price return has been average, nothing exciting

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is underpriced and is not in the overbought zone

Current price is less than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

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