4:1 Bonus Shares & 10:1 Stock Split: 1,000 Per cent Returns in Just 1 Year—Do You Own This Power Sector Electrical Product Manufacturer?
The company’s shares have delivered an impressive return of around 2000 per cent in just 2 years.
Incorporated in 1942, Kaycee Industries Ltd specializes in manufacturing industrial electrical switches, mechanical counters, electrical components, and related products.
The company’s shares have been hitting back-to-back upper circuits for many trading sessions. The stock has undergone a stock split in the ratio of 10:1 and also company has rewarded its shareholders with bonus shares in the ratio of 4:1 in 2024.
Kaycee Industries Ltd is a subsidiary of Salzer Electronics Ltd and serves as an electrical product manufacturer and solutions provider across diverse industries and sectors. These include the power sector, panel builders, machine tool manufacturers, telecom industry, renewables sector, and more.
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Share Performance:
On Friday the shares of Kaycee Industries Ltd closed the day at Rs 2498.55 per share. The company’s current market capitalization stands at Rs 792.91 crore. The stock has delivered a multibagger return of 1045 per cent in the past 1 year.
Financial performance:
According to the Quarterly Results, in Q1 FY25, Kaycee Industries Ltd reported a revenue of Rs 12.61 crore and an operating profit of Rs 11.31 crore. The operating profit margin for the quarter stands at 17.45 per cent. The company’s net profit stood at Rs 1.50 crore. In FY24, the company reported a revenue of Rs 48.56 crore compared to Rs 41.52 crore, and a net profit of Rs 4.49 crore, compared to a profit of Rs 3.49 crore in the previous year.
Investors must keep this Small-Cap stock on their radar.
Disclaimer: The article is for informational purposes only and not investment advice.