12,400 Per Cent Returns & PAT Rockets 47,143 Per Cent: Multibagger Transformers & Solar Power Stock Hit Upper Circuit On November 29
The stock gave multibagger returns of 2,850 per cent in just 1 year and a whopping 12,400 per cent in 5 years.
On Friday, the stock market ended the day in green with the BSE Sensex Index up 0.96 per cent at a level of 79,803. About 2,347 shares have advanced, 1,606 declined and 97 are unchanged on the BSE.
Along with the market in green, one of the Top Gainers on BSE, shares Marsons Ltd hit a 5 per cent upper circuit to Rs 244 per share from its previous closing of Rs 234.40. The stock’s 52-week high is Rs 356 per share while its 52-week low is Rs 7.34 per share.
Marsons Limited, a seasoned player in the power and distribution transformer industry, boasts over six decades of expertise. Their comprehensive capabilities span the entire value chain, from meticulous design and manufacturing to reliable supply, rigorous testing, and seamless commissioning of power transformers. As a multifaceted organization, they offer a diverse range of products, including Distribution & Power Transformers (10 KVA to 160 MVA, 220 kV class), Furnace Transformers, Dry Type Transformers, and specialized application transformers. Their advanced manufacturing unit in Kolkata, sprawling across 35,000 sq. mtr is equipped with cutting-edge infrastructure to produce EHV (Extra High Voltage) transformers up to 220 kV class. This facility, housing an in-house Impulse Testing Laboratory and Autoclave system, sets industry standards for quality and reliability.
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Marsons Limited has taken significant strides in its expansion strategy. The Board of Directors has approved the acquisition of Cosol Developments Limited, a UK-based company, to bolster its European presence, particularly in the UK market. This strategic move, valued at a nominal 4000 GBP, will enable the company to directly reach European consumers and establish a strong foothold in the region. Additionally, the formation of a UK subsidiary will further solidify its European operations. In parallel, Marsons Limited has secured a Letter of Intent from NACOF OORJA to develop a 150 MW (AC) solar power plant in Rajasthan under the KUSUM Scheme. This project, valued at approximately Rs 675 crore, aims to provide daytime power to agricultural consumers and will be executed in collaboration with Aditya Clean Systems (P) Ltd.
According to Quarterly Results, the net sales increased by 2,000 per cent to Rs 4,031.90 lakh and net profit increased by 1,550 per cent to Rs 746.98 lakh in Q2FY25 compared to Q2FY24. In its half-yearly results, the net sales increased by 3,160 per cent to Rs 7,055.80 lakh and net profit increased by 47,143 per cent to Rs 1,270.82 lakh in H1FY25 compared to H1FY24. In its annual results (FY24), the company reported net sales of Rs 662.22 lakh and net profit of Rs 62.85 lakh.
Marsons Ltd has a market cap of Rs 4,199 crore and has a 3-year stock price CAGR of 200 per cent. The stock gave multibagger returns of 2,850 per cent in just 1 year and a whopping 12,400 per cent in 5 years. Investors should keep an eye on this small-cap stock.
Disclaimer: The article is for informational purposes only and not investment advice.