Mukul Agrawal’s hidden gem secures multiple orders worth Rs 36.93 crore: Stock jumps over 4 per cent!
The stock has delivered exceptional multibagger returns of more than 794 per cent.
On July 25, 2023, the shares of Dhabriya Polywood Limited surged 4.24 per cent. The company's current market capitalisation is Rs 260.76 crore.
Dhabriya Polywood Limited, has recently secured two significant work orders, marking notable milestones for the company. The first order, worth Rs 8.25 Crore, comes from Airforce Naval Housing Board & Starworth Infra & Cons. Ltd., and involves the supply and installation of uPVC Windows & Doors.
In another triumph, the company's wholly owned subsidiary, Dynasty Modular Furnitures Pvt. Ltd., bagged an impressive work order valued at Rs 28.68 Crore from the renowned DLF Group. The order encompasses the supply and installation of Kitchen, Wardrobes, vanity, and medicine cabinets.
Dhabriya Polywood Ltd's expertise in manufacturing PVC and UPVC based products has made them a preferred choice for a wide range of building interior and exterior applications.
With these achievements, the company continues to solidify its position as a reliable and innovative player in the building solutions market, delivering quality products and services to esteemed clients.
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Company Profile:
In the financial statements for the fiscal year 2022-2023, Dhabriya Polywood Ltd exhibited remarkable performance. The company's total revenue surged impressively to Rs 171 crore, showcasing substantial growth of 27.61 per cent compared to FY21-22. Furthermore, the operating profit showed a significant increase of 28.57 per cent from FY21-22, reaching Rs 18 crore. Similarly, the net profit also witnessed a notable upswing, reporting Rs 8 crore, which amounted to a remarkable increase of 60 per cent compared to the previous fiscal year.
Mukul Agrawal, a recent star of the Indian stock market, has emerged as a significant investor holding an impressive 9.26 per cent stake in the company. His entry into the market dates back to the late 1990s. With such a notable investor backing the company, it reinforces investor confidence and adds to the company's appeal in the financial market.
The stock has witnessed significant buying activity as it has surged more than 101 per cent in the last one year. Furthermore, over three years, the stock has delivered exceptional multibagger returns of more than 794 per cent.
Keep a close eye on this trending stock.
Disclaimer: The article is for informational purposes only and not investment advice.