Ashish Kacholia gains Rs 7,91,97,472 in just 1 day from this small-cap multibagger stock; check do you hold this stock!

A multibagger small-cap stock, delivering an extraordinary 269.25 per cent gain over the last three years

In the hustle and bustle of the Indian stock market, where indices experienced a downward spiral for the second consecutive day, one Small-Cap gem managed to defy the trend, captivating the attention of investors and analysts alike. On Wednesday, amidst the sea of red, XPRO India Ltd emerged as the talk of the town, showcasing an impressive surge of 9.47 per cent, closing at Rs 1,133 per share, adding a touch of green to the otherwise bearish landscape.

With a modest market capitalization of Rs 2,347 crore, XPRO India Ltd has quietly positioned itself as a force to be reckoned with in the realm of polymers processing. The company is a leading player in India, specializing in the manufacture of Coextruded Plastic Films, thermoformed liners, and an array of specialty films, including dielectric films and purpose-specific BOPP Films.

What adds intrigue to the XPRO saga is the involvement of ace investor Ashish Kacholia, whose shareholding prowess in the company speaks volumes. Holding a staggering 808,550 shares as of the quarter ending September 2023, Kacholia commands 3.91 per cent of the company's shares. The consequence of Wednesday's stock rally translated into a monumental gain of Rs 7,91,97,472 for the savvy investor.

A deeper dive into XPRO's performance reveals its remarkable journey as a multibagger small-cap stock, delivering an extraordinary 269.25 per cent gain over the last three years. Such a feat in the volatile world of stocks positions XPRO as a beacon of success, drawing attention from both seasoned and novice investors.

XPRO India Ltd's significance goes beyond the stock market spectacle. The company holds a unique position as the sole manufacturer of dielectric films in India, satiating approximately 33 per cent of the domestic demand. With the growing emphasis on electric vehicles (EVs), XPRO finds itself at the forefront of opportunities, particularly in the EV segment. The applications range from power control units to inverter circuits, DC link power capacitors, and various safety and convenience systems.

In an era where self-sufficiency is paramount, XPRO's role becomes even more crucial, contributing significantly to the Indian Refrigerator industry. Over the years, the company has evolved into a dominant player, earning respect and commanding a substantial market share in its supply to the industry.

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