1,100 per cent returns in this multibagger stock: Micro-cap textile manufacturing company signs Madhuri Dixit as a brand ambassador!
The stock is up by 49.92 per cent in 1 year and gave multibagger returns of over 1,100 per cent returns in 3 years.
Nandani Creation Limited is pleased to announce that it has onboarded Bollywood actress, Superstar, Superstar, Padma Shri Award Winner, Madhuri Dixit as a brand ambassador to promote the company’s brands “Jaipur Kurti” and “Desi Fusion by Jaipur Kurti” through in-store visual branding (electronic and print) along with digital media advertisements
As a part of this association, Madhuri Dixit will endorse "Jaipur Kurti" and "Desi Fusion by Jaipur Kurti" products, expanding the company's nationwide presence. Nandani Creation Ltd intends to conduct outdoor marketing, in-store visual branding, and digital media advertisements to promote its product portfolio. The company looks forward to having a long-standing alliance and strongly believes that the coalition will substantiate the brand philosophy.
Commenting on the engagement, Mr Anuj Mundhra, Chairman & Managing Director of Nandani Creation Ltd said: “We are delighted to have Madhuri Dixit as the face of our brands. Madhuri Dixit shares a strategic synergy with our brand. We believe this partnership will help us to connect better with our customers and communicate our brand's philosophy. This association will also catalyze our geographical expansion and new product designs.”
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Nandani Creation Ltd specializes in traditional designs and Indian ethnic wear for women. It is engaged in manufacturing and online trading of women's apparel like kurtis, ethnic tops, palazzos, etc. The company has a market cap of Rs 103 crore and reported positive numbers in its Quarterly Results & annual results.
On Monday, shares of Nandani Creation Limited plunged by 1.10 per cent to Rs 89.65 per share with an intraday high of Rs 92.80 and an intraday low of Rs 88.40.
The stock is up by 49.92 per cent in 1 year and gave multibagger returns of over 1,100 per cent returns in 3 years. Investors should keep an eye on this micro-cap stock.
Disclaimer: The article is for informational purposes only and not investment advice.