Multibagger scrip under Rs 100: Heavy buying in micro-cap stock as Board announces SME to Main Board move!
Multibagger scrip under Rs 100: Heavy buying in micro-cap stock as Board announces SME to Main Board move!

Multibagger scrip under Rs 100: Heavy buying in micro-cap stock as Board announces SME to Main Board move!

The stock is up by 35 per cent year to date and gave multibagger returns of over 100 per cent in 2 years.

Kiran Shroff Article rating: 4.0

According to the financials, the company has a market cap of Rs 92 crore. As of August 2023, the promoters of the company own a 74.99 per cent stake while the rest of the stake is owned by the public (25.01 per cent).

20 per cent upper circuit in this low PE high ROE multibagger stock; Board likely to announce bonus shares and migration from SME to Main Board!
20 per cent upper circuit in this low PE high ROE multibagger stock; Board likely to announce bonus shares and migration from SME to Main Board!

20 per cent upper circuit in this low PE high ROE multibagger stock; Board likely to announce bonus shares and migration from SME to Main Board!

From Rs 42.80 per share to Rs 159 per share, the stock gave multibagger returns of 271.49 per cent in just 2 years.

Kiran Shroff Article rating: 3.7

The company has a market cap of Rs 175.85 crore and has delivered good profit growth of 86.8 per cent CAGR over the last 5 years. The company reported positive numbers in its quarterly results and annual results.

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