This single-digit PE micro-cap Partnered with Nestle India; multibagger stock locked in 20 per cent upper circuit!

Company's performance remains outstanding, with multibagger returns of 400.34 per cent and 1464.72 per cent over the past three and five years, respectively.

Shri Bajrang Alliance (SBA) today announced a strategic partnership with Nestle India Limited (Nestle India) to become an approved co-manufacturer for several food items. This collaboration marks a significant milestone for SBA, enabling it to leverage Nestle India's expertise, technological advancements, and established market presence.

The partnership is expected to bring synergies that will benefit both companies and contribute to the growth of the food sector. SBA will gain access to Nestle India's advanced manufacturing capabilities, research and development expertise, and established market reach. This will allow SBA to expand its product offerings, improve operational efficiency, and ultimately serve its customers better.

SBA's Approved Co-Manufacturer status with Nestle India will allow it to co-manufacture a range of food items under Nestle India's brand and quality standards. This will expand SBA's reach and provide it with access to a wider customer base. The partnership is expected to have a positive impact on both companies. Nestle India will benefit from SBA's manufacturing capacity and expertise, while SBA will gain access to Nestle India's technology, marketing, and distribution networks.

Shri Bajrang Alliance Ltd (SBAL) has established itself as a high-growth company, consistently exceeding expectations across various timeframes. In the past month alone, SBAL witnessed a remarkable 39.72 per cent rise in its stock price, followed by a 26.53 per cent gain in the last three months. This impressive momentum extends further back, with the stock delivering an exceptional 55.2 per cent return over the past year. Even over longer horizons, SBAL's performance remains outstanding, with multibagger returns of 400.34 per cent and 1464.72 per cent over the past three and five years, respectively.

This is single-digit PE micro-cap stock trading at Rs 295 with market capitalization of Rs 265. The stock is trading at a discount to its book value of 0.88, is expected to have a good quarter, and has delivered strong profit growth of 30.4 per cent CAGR over the last 5 years.

About Company

Shri Bajrang Alliance is a leading manufacturer of food and beverage products in India. The company offers a wide range of products, including biscuits, confectionery, and snacks. SBA is committed to providing high-quality products at affordable prices.

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