Multibagger Stock Below Rs 32: On the Verge of a 14-Year Breakout; Order Received of Rs 47,38,06,800!
The stock has surged 116 per cent in the last year. This stock has proven to be a multibagger for investors.
Amidst a day of modest declines in the Indian equity benchmark indices, with Nifty down by 0.05 per cent and Sensex by 0.07 per cent, broader markets showed buying interest. The Nifty Midcap and Small-Cap indices were up by 0.45 per cent and 0.51 per cent, respectively. Within this positive trend, one small-cap stock is catching the eye of investors—SBC Exports Ltd., priced below Rs 32 and on the brink of a multi-year breakout.
SBC Exports Ltd has surged by 57 per cent on a year-to-date (YTD) basis and an astounding 116 per cent in the last year. This stock has proven to be a multibagger for investors.
Recently, SBC Exports Ltd announced the receipt of substantial work orders, totaling Rs 47.38 crore from the Directorate of Vocational Education & Training. Additionally, the company secured a repeat export order from GAWGEE BROTHERS WHOLESALERS CO. LLC, a Dubai-based textile company, worth approximately Rs 45 crore. The order includes the supply of various garment articles such as T-shirts, trousers, and shorts, underscoring the company’s growing foothold in the global market.
To enhance its brand image, SBC Exports Ltd has appointed renowned Indian actor Sourabh Raaj Jain as its brand ambassador for a two-year term, effective from August 5, 2024. Known for his excellence in the entertainment industry, Jain's association is expected to boost the company's brand presence and align with its values and goals.
A Bold 5-Year Strategic Expansion Plan
SBC Exports Ltd has unveiled an ambitious blueprint for the next five years, focusing on expanding its market presence through retail, franchising, and exports. The company plans to amplify its growth trajectory and cement its status on the global stage by exploring new avenues.
1. Franchise Model:
The company is set to launch a dynamic franchise model, empowering entrepreneurs to operate their own SBC Exports outlets. This initiative aims to create employment opportunities and foster entrepreneurship, with plans to launch 50 franchise stores in high-potential markets. The franchise package includes brand guidelines, training programs, and marketing support, making it a comprehensive growth opportunity for partners.
2. Retail Expansion:
SBC Exports Ltd is establishing flagship retail stores in key markets worldwide, particularly in Tier-2 and Tier-3 cities, with a goal to open 30 stores. These stores will serve as hubs for customer engagement, showcasing the company's diverse product range and driving brand loyalty.
3. Scaling Exports:
With a robust reputation as a reliable exporter, the company is poised to expand its export division further. SBC Exports Ltd aims to strengthen its presence in emerging markets and forge strategic partnerships with international distributors, driving significant growth in its export operations.
Disclaimer: The article is for informational purposes only and not investment advice.