Dr. Gauravv Mittal, a visionary leader, founder and Managing Director of ITCONS e-Solutions Ltd. titled as "The Monk Turned Big Bull" has recently made a significant investment in DJ Media Print & Logistics Ltd.
ITCONS e-Solutions Ltd. is one of the best professional IT staffing and recruitment companies in India. Under Dr. Mittal's leadership, the company has shown a solid track record as in the last 18 months, the stock has delivered multi-bagger returns of above 1200%.
On 6th Sep 2024, Dr Gauravv Mittal has invested 6 lac warrants through preferential issues between him and his son Adit Mittal. The strategic decision to diversify investments in DJ Media Print & Logistics shows Dr. Mittal's keen interest in the media and logistics industry.
DJ Media Print & Logistics (DJMPL) is a leading provider of Integrated Printing, Logistics and Courier solutions company in India and overseas. The company offers Bulk Mailing, Speed Post, Records Management, staffing, bulk scanning and RTO management, and other services. DJMPL has a diversified client base of over 1000 companies including LIC, Bank of India, Indian Institute of Architects, Dish TV and others. The company has 8 branch offices in Greater Mumbai and 1 in New Delhi.
DJMPL was listed on the BSE SME in April 2020 at a price of Rs 20 per share and as of September 19, the current trading price of the stock was Rs 121. Till date, the stock has delivered an absolute return of more than 500%. With this impressive return, the stock is already making waves in the logistics industry.
Dr. Mittal's strategic move is expected to drive potential synergies between ITCONS e-Solution and DJMPL, indicating strong future growth prospects for the company. And it will be interesting to watch the future price momentum of this stock.
