Kamal Kabra gains Rs 56,88,00,000 in just 1 year from this multibagger small-cap stock with revenue potential of Rs 2,400 crore; Do you own this stock?

The company is investing Rs 350-400 crore in new capacities over the next two years.

On Friday, the Indian benchmark indices ended the trading session in red. BSE Sensex Index and NSE Nifty-50 Index are down by 0.2 per cent each. One of the sectors that gained on the NSE was the Fast Moving Consumer Goods (FMCG) Index, which rose by over 0.30 per cent.

While the market has reacted mixed in the last 5 trading sessions, this multibagger Small-Cap stock has been shining. Here are the details: -

Kamal Kabra, an investor, bought 7,11,000 shares or 1.21 per cent stake in this FMCG company in last year's September quarter (Q1FY23) at approx. Rs 362 per share aggregating to Rs 25,73,82,000 or Rs 25.74 crore. The stock also made a new 52-week high of Rs 1,195.50 per share.

Do you know? – Kamal Kabra is not only an investor in the stock market but also the mentor of the acclaimed ace investor Late. Rakesh Jhunjhunwala.

As of Friday’s closing, the stock price was Rs 1,162 per share on the NSE, the investor gained approximately Rs 800 per share, or a multibagger return of 221 per cent, on this stock in just 1 year. The current value of his investment is Rs 82,61,82,000 or Rs 82.63 crore.

Hence Rs 82,61,82,000 – Rs 25,73,82,000 = Rs 56,88,00,000 in just 1 year.

It's time to reveal the stock name: MRS BECTORS FOOD SPECIALITIES LTD.

Mrs Bectors Food Specialities Ltd produces and distributes food products. The company offers cookies, crackers, pretzels, and other dry bakery products. The company serves customers worldwide.

Capex Updates: The company is investing Rs 350-400 crore in new capacities over the next two years. It is adding two lines in Rajpura and expanding its National Capital Region facilities. It also plans to invest in Indore and Khopoli for future needs. The company expects to reach a revenue potential of Rs 2,400 crore with the addition of these new capacities. Its Bake Walk subsidiary is still in the trial phase and not included in the CAPEX plans.

The company has a market cap of over Rs 6,800 crore. According to the Quarterly Results and annual results, the company reported positive numbers. The company has delivered good profit growth of 20.1 per cent CAGR over the last 5 years and has been maintaining a healthy dividend payout of 21.6 per cent.

Do you own this stock?

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