450% rally in five years! Multibagger small-cap stock under ₹25 in focus; here's why
North Eastern Carrying Corporation (NECC) Limited announced its January-March quarter results for fiscal 2024-25 (Q4FY25) on Wednesday, May 28, reporting a plunge of 38.4 per cent in net profit to ₹ 1.76 crore, compared to ₹ 2.8 crore in the corresponding period last year. NECC has provided massive multibagger returns of 450 per cent in the last five years.
NECC is an India-based transport and logistics company. The Company is engaged in offering domestic goods transportation, international goods transportation, commercial goods transportation services, industrial goods transportation, and warehousing services.

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


News18
34 minutes ago
- News18
Yes Bank Shares In Focus Ahead Of Board Meeting To Discuss Fund Raise, Clarify Speculation
Last Updated: Yes Bank was the third-best performer on the Nifty 500 index on Tuesday, rallying over 8%; What investors should know Yes Bank Share Price: Shares of Yes Bank Ltd., a Mumbai-based private lender, will be in the spotlight again on Tuesday, ahead of its board meeting to consider a fundraising proposal. Yes Bank was the third-best performer on the Nifty 500 index on Tuesday, rallying over 8% following media reports that Sumitomo Mitsui Banking Corporation (SMBC) is seeking approval from the Reserve Bank of India (RBI) to operate a wholly-owned subsidiary. The move was interpreted as a step toward acquiring a controlling stake in Yes Bank. However, Yes Bank quickly issued a clarification in the early hours of Tuesday, stating it was not aware of any such discussions. 'Further references to the bank having 'road map' discussions with the RBI are factually incorrect," the lender added. The board of Yes Bank is also scheduled to consider fundraising proposals, including the issuance of equity shares, debt securities, or any other instruments through permissible means such as private placement or preferential issue. Just last month, Sumitomo had announced plans to acquire a 20% stake in Yes Bank from a consortium of lenders led by the State Bank of India (SBI). This group had rescued Yes Bank in 2020 from a severe liquidity crisis. The deal values Yes Bank at slightly above $8 billion. Shares of Yes Bank ended 8% higher on Monday at Rs 23.22, with the stock surging nearly 30% in the past month. Yes Bank is a private sector bank in India that was founded in 2004 by Rana Kapoor and Ashok Kapur. It is headquartered in Mumbai and offers a wide range of banking and financial services, including corporate and retail banking, asset management, and wealth management. First Published:


New Indian Express
37 minutes ago
- New Indian Express
Ayodhya Ram temple to roll out red carpet for Elon Musk's father
LUCKNOW: Billionaire Elon Musk's father, Errol Musk, a South Africa-based businessman, will visit the Ram temple in Ayodhya on Wednesday, June 4, officials confirmed on Monday. Errol Musk landed in Delhi on Sunday evening. The UP government is expected to accord him the status of state guest. Highly placed officials have confirmed Errol Musk's proposed visit. 'We are checking if the protocol accorded to a state guest will be extended to Musk during the visit,' a senior officer in Ayodhya said. Ayodhya district administration sources said senior officials are coordinating with Shri Ram Janmabhoomi Teerth Kshetra Trust to facilitate the temple 'darshan'. The senior Musk is on a five-day visit to India to hold business meetings with business people and entrepreneurs. The temple is part of his itinerary, and the gesture is seen as his attempt to appreciate India's cultural heritage better. An escort vehicle with security personnel is deputed to take the state guest around the city during his visit. Liaison officers accompanying the guest will include a sub-divisional magistrate, deputy police superintendent, or other gazetted rank officers. They will receive the guests at Ayodhya's Maharishi Valmiki International Airport in Ayodhya and escort them to various locations associated with the life of Lord Ram in the temple town. Meanwhile, the consecration ceremony of Ram Darbar, scheduled to be held on the first floor of the temple, will proceed as planned during Musk's visit.


Mint
an hour ago
- Mint
Stocks to watch: Yes Bank, Vodafone Idea, ITC, Adani Group, Grasim Industries among shares in focus today
Yes Bank shares will remain in focus once again today as its board is scheduled to meet to discuss a potential fundraising plan. Vodafone Idea (VIL) stated that it is in discussions with the central government to resolve the AGR matter, with CEO Akshaya Moondra expressing confidence that there is no justification for the government to be restricted in providing relief. Biocon has been granted approval to market the diabetes medication Liraglutide in India. Jindal Stainless announced that it has acquired a 33.64% equity stake in a special purpose vehicle (SPV) formed to build a 282 MW hybrid renewable energy project aimed at powering its manufacturing facilities. On May 28, US-based investment firm GQG Partners boosted its holdings in ITC Ltd, a leading Indian consumer goods company, by executing a bulk deal. HCL Tech revealed a strategic alliance with UiPath aimed at fast-tracking Agentic Automation for businesses worldwide. True North, a private equity firm, along with Niva Bupa Health Insurance CEO Krishnan Ramachandran, sold a total of 10 percent stake in the health insurance company for ₹ 1,507 crore via open market deals. The Adani Group is once again being investigated by the U.S. Department of Justice, according to the Wall Street Journal (WSJ), this time over allegations of importing Iranian liquefied petroleum gas (LPG) into India via the Mundra port. Aditya Birla Group's main holding company revealed that its Finance Committee has given the green light to issue non-convertible debentures (NCDs) totaling up to ₹ 1,000 crore. An Ahmedabad-based firm announced that it has entered into a long-term Sales and Purchase Agreement (SPA) with BP Singapore Pte Ltd, a subsidiary of the global energy giant BP, to supply up to 0.41 million tonnes per annum (MTPA) of liquefied natural gas (LNG) between 2027 and 2036. Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.