Multibagger penny stock under Rs 25: This micro-cap company to increase revenue & profitability by fourfold as it is into expansion of business!

The stock gave multibagger returns of 435 per cent in just 3 years whereas BSE Sensex Index is up by 76.81 per cent.

Saboo Sodium Chloro Limited (SSCL) announced its intention to acquire approximately 6000 sq. yards of land adjoining its flagship 5-star property, Samskara Resort & Spa, Jaipur. This acquisition aims to facilitate the expansion of Samskara Resort & Spa by adding 100 additional rooms within the next 12-18 months, bringing the total room inventory to 150.

The expansion aligns with SSCL’s growth strategy and will tap into the lucrative luxury wedding market and high-end clientele, potentially increasing both revenue and profitability by fourfold.

This strategic move will establish Samskara as a mature, independent and wholly-owned subsidiary of SSCL. The expected payback period for this investment is just 12 months, underlining the prudence of this strategic move.

Incorporated in 1993, Saboo Sodium Chloro Ltd is engaged in the manufacturing and selling of salt and is also engaged in the hotel industry, FMCG, power generation and hospitality. The company has a market cap of over Rs 80 crore with a 3-year stock price CAGR of 74 per cent. The company reported positive numbers in its Quarterly Results and annual results.

On Wednesday, shares of Saboo Sodium Chloro gained 2.67 per cent to Rs 20 per share with an intraday high of Rs 20.30 and an intraday low of Rs 19.11. The stock’s 52-week high is Rs 24.40 and its 52-week low is Rs 13.65. The shares of the company saw a spurt in volume by more than 1.53 times on BSE.

The stock gave multibagger returns of 435 per cent in just 3 years whereas BSE Sensex Index is up by 76.81 per cent. Investors should keep an eye on this micro-cap stock.

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