Smallcap Stock's Remarkable Journey: Rs 4 to Rs 121 Return, Bonus Share Meeting Set for February 28

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R M Drip & Sprinklers: From Rs 4 to Rs 121, Bonus Share on Feb 28

R M Drip & Sprinklers: From Rs 4 to Rs 121, Bonus Share on Feb 28

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CNBC Awaaz•23-02-2026, 11:32

R M Drip & Sprinklers: From Rs 4 to Rs 121, Bonus Share on Feb 28

•R M Drip & Sprinklers stock surged from Rs 4 in 2024 to over Rs 120, delivering bumper returns to investors.
•The company's board will consider issuing bonus shares on February 28, generating excitement among investors.
•Promoters increased their stake from 13.88% in 2024 to 21.06% by December 2025, showing confidence in the company.
•R M Drip & Sprinklers Systems Ltd manufactures micro-irrigation equipment, offering customized water management solutions.
•The company reported a 359% YoY revenue increase to Rs 50.27 crore in FY24, with a PAT of Rs 24.1 crore, and targets Rs 100 crore revenue for FY25.

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