Hot Stock: Multibagger micro-cap company aims for Rs 200 crore revenue per year as it signs long-term export, joint branding deal with Shanghai RSF!
The stock is up by 80 per cent in just 1 year, and it has delivered multibagger returns of 250 per cent in 2 years & over 400 per cent in 3 years.
Kings Infra Ventures Ltd (KIVL), a multifaceted company focusing on aquaculture farming, marine products processing, export and food production system consultancy, is making a big bang expansion in the Chinese market with KINGS RISHFU brand shrimps. Kings Infra is enlarging its footprint in the Chinese market in association with the Shanghai-based Shanghai RSF Trading Company Limited. The two companies have signed a Memorandum of Understanding (MoU) for jointly promoting the KINGS RISHIFU brand in China.
According to the MoU, Kings would supply premium quality shrimp from its own farm or dedicated supply chain in a sustainable and traceable manner, free of antibiotics or chemicals and process the same under the joint brand KINGS RISHIFU for exporting to China. Shanghai RSF will import and distribute the same in the Chinese market.
The partnership with the Shanghai RSF is a remarkable achievement for the company. Shanghai RSF CEO visited the farm and processing unit and was highly satisfied with the product quality.
The partnership scheduled to go on stream from September with 5-8 containers per month will be scaled up to 200 containers per year. The partnership focusing on the high-end market with premium products has the potential to generate Rs 100 crore in revenue in the first year of operation and scale up to Rs 200 crore per year when fully implemented.
The MoU also stipulates that Shanghai RSF will process all payments from their Japanese principal either by TT or LC as agreed mutually. KINGS Infra Ventures Ltd: Kings Infra Ventures Ltd, listed in BSE, is a multifaceted company focusing on sustainable aquaculture, marine products processing, export and food production system consultancy.
[Friday 4:47 PM] Hanumant Dhokle
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KIVL is engaged in aquaculture farming, seafood processing, international trade of marine products, aquaculture consultancy, food-related infrastructure development and domestic marketing and supply of retail packed marine products.
On Wednesday, shares of KIVL surged 4.64 per cent to Rs 121.70 per share with an intraday high of Rs 123.50 and an intraday low of Rs 119.60. The shares of the company saw a spurt in volume by more than 1.37 times on BSE.
The stock is up by 80 per cent in just 1 year, and it has delivered multibagger returns of 250 per cent in 2 years & over 400 per cent in 3 years. Investors should keep an eye on this multibagger micro-cap stock.
Disclaimer: The article is for informational purposes only and not investment advice.