This X-factor helped this small cap stock to be a 10-bagger in just one year!

Xpro India is a diversified multi-divisional, multi-locational company with a strong commitment to the polymer processing industry. It forms an integral part of India's largest and the most-reputed industrial house with a global presence in manufacturing & trading activities i.e. Birla Group.

Birla Group is a conglomerate comprising of many divisions, each consisting of a number of publicly-listed companies and is headed by a member of the Birla family.  

The company produces products such as BOPP films, Coex cast films, Coex sheets, dielectric films, and thermoformed lenses.    

The stock has proved to be a hidden gem for investors as it rallied 765 per cent on a YTD basis. If this is not enough, then you’ll be stunned to know that the stock has delivered an astounding gain of more than 1,200 per cent from the lows of Rs 21, which were registered in the month of March last year.   

The company recently came out with its earnings wherein, it reported a jump of 247.26 per cent YoY in sales to Rs 91.12 crore. The net profit reported by the company was at Rs 5.02 crore in the quarter ended June 2021 as against a net loss of Rs 12.70 crore during the quarter ended June 2020.