This CNC machine company skyrocketed 20% in a single day; Do you own it?

Macpower CNC Machines stock opened at Rs 289 and hit a 20 per cent upper circuit at Rs 341.80 

On Tuesday, the share price began the trading session at Rs 289.90 and surged by 20 per cent hitting upper circuit, and closed at Rs 341.80. At the moment, the price of one share of stock in the company is Rs 338.15. The total value of the corporation as it is represented on the market is Rs 338 crores . The stock has a price to earnings ratio (PE ratio) of 24.1 times. 

The principal focus of Macpower CNC Machines Limited's commercial operations is the manufacturing of Computer Numerically Controlled (CNC) machines as well as Lathe Machines. 

The business specialises in the production of CNC machines and provides customers in 27 distinct market segments with a selection of more than 60 distinct models in 9 distinct product categories. To date, the company has completed more than 8000 installations of its products. Utilizing engineering design and software that has been pre-programmed, a computer numerical control, or CNC, machine has the ability to make the appropriate cuts (shapes) based on the planned usage of the formed product. This is accomplished by using the machine. 

Among the industries that the company serves are agriculture, government public sector undertakings (ISRO, Railways), government education (CIPET, Government tool room), defence (DRDO, Indian Ordnance Factory, etc.), and export (Mitter Fasteners, Rinox Engineering, etc). (Hinkell in UK, Marla Makina in Turkey, etc) 

The sales of the company have increased at a rate that is equivalent to an annual growth rate of 11% over the course of the previous three years. During the trailing period of twelve months, the company had an operating profit margin of 10.9% and a net profit margin of 7.1%. .The company reported a net profit of Rs. 3 crore for the three months ending in June 2022, on the back of revenues totalling Rs. 41 crore for the period.