From Rs 150 to Rs 1000: This small-cap stock has risen 6 times in 3 years!
Know which packaging film smallcap stock has given exponential returns!
The shares of Cosmo Films have given mutlibagger returns in last 2 years wherein it rallied 400 per cent. The smallcap packaging company has been in the business for the last 40 years, and is engaged in speciality films for packaging, lamination and labelling applications. Its film offerings include biaxially oriented polypropylene (BOPP) films, cast polypropylene (CPP) films and soon-to-be offered biaxially oriented polyethylene terephthalate (BOPET) films.
The shares of Cosmo Films have outperformed the market in giving 7.57 per cent returns in H1CY22 compared to S&P BSE Small Cap Index which has lost 14.88 per cent while the benchmark index Sensex has also shed 8.26 per cent.
- Rs 100,000 invested just one year ago would have become Rs 1,70,000 giving a price return of 70 per cent and,
- Rs 100,000 invested two years ago would have grown exponentially to Rs 4,70,000, giving a price return of 379 per cent.
- Rs 100,000 invested3 years back would have become Rs 6,70,000 giving a price return of 570per cent.
Such mindboggling share price appreciation is backed by strong fundamentals of the company. The earning per share (EPS) has grown from Rs 30 to Rs 172.2 in last 3 years. However, the share price is currently trading at a TTM P/E of 8.61x times, compared to the industry P/E of 19x
In FY22, the company delivered a robust performance with growth in sales and EBITDA by 33 per cent and 44 per cent respectively. Also, based on a trailing 12 month-basis, the company’s ROCE stands at 29 per cent and ROE stand at 39 per cent which is one of the best in the industry.
The shares of Cosmo Films Ltd have logged 52-week high and low of Rs 1426.67 and Rs 584, respectively.
Cosmo Films continues to outperform the broader market as it has gained 7.16 per cent from June 24 to 30 compared to S&P BSE Smallcap which has gained 2.69 per cent.
The shares of Cosmo Films closed at Rs 986.40 down 0.16 per cent or Rs 1.60 per share in today’s session.