Ashish Kacholia gains Rs 50,26,882 & Mukul Agrawal gains Rs 36,47,614 in just 1 day from this multibagger stock; Company reports a 140 per cent jump in net profit!

The stock gave multibagger returns of 135 per cent in just 6 months, 200 per cent in 1 year and a whopping 1,100 per cent in 3 years.

Indian stock markets started the trading session in red on Thursday, with the BSE Sensex Index down 0.05 per cent at 64,940 and the NSE Nifty-50 Index down 0.05 at 19,433. About 1619 shares have advanced, 1292 have declined and 122 were unchanged on BSE.

Along with the market in red, this multibagger stock bucked the trend as it announced stellar Quarterly Results & half-yearly results. Let us know about this stock:

The stock we will be discussing today is DHABRIYA POLYWOOD LTD.

Two ace investors, Ashish Kacholia owns 6,96,178 shares or 6.43 per cent stake & Mukul Agrawal owns 5,06,613 shares or 4.68 per cent stake as of September quarter (Q2FY24). Today, the stock hit 2 per cent (7.20 points) upper circuit to Rs 367.60 per share from its previous closing of Rs 360.40. In just 1 day, Ashish Kacholia gains Rs 50,26,882 & Mukul Agrawal gains Rs 36,47,614 in just 1 day from this multibagger micro-cap stock (Ashish Kacholia = 6,96,178 shares x 7.2 per share & Mukul Agrawal = 5,06,613 shares x 7.2 per share).

According to the quarterly results, the net sales increased by 25 per cent to Rs 5,464.7 lakh and net profit increased by 68 per cent to Rs 358.6 lakh in Q2FY24 compared to Q2FY23. According to the half-yearly results, the net sales increased by 30 per cent to Rs 10,484.1 lakh and net profit increased by 140 per cent to Rs 668.3 in H1FY24 compared to H1FY23. In its annual results, the net sales increased by 28 per cent to Rs 171.2 crore, operating profit increased by 33.5 per cent to Rs 18.72 crore and net profit increased by 67 per cent to Rs 8.49 crore in FY23 compared to FY22.

Dhabriya Polywood Ltd, a leading manufacturer of PVC and uPVC-based products for a wide range of building interior and exterior applications. Earlier, the company has received the work order/LOI from DLF Group for the supply & installation of uPVC windows & doors at Haryana for a total value of Rs 9.35 crore including GST. The order is to be executed in 12 months from LOI.

The company has a market cap of Rs 284.68 crore. The stock gave multibagger returns of 135 per cent in just 6 months, 200 per cent in 1 year and a whopping 1,100 per cent in 3 years.

Do you own Dhabriya Polywood Ltd.’s stock in your portfolio? Do let us know in the comment section below

Disclaimer: The article is for informational purposes only and not investment advice.