DSIJ Mindshare

The company has a market cap of Rs 132 crore and is almost debt-free, with only Rs 1.61 crore in debt. This represents just 1.22 per cent of its current market cap. The stock gave multibagger returns of 300 per cent in 2 years and over 600 per cent in 3 years.

Shares of the company gained more than 60 per cent in the last six months.

A special purpose vehicle (SPV) will be formed to undertake the project. PC Patel has been in the mining sector for over a couple of decades and has rich experience in handling different kinds of mining contracts.

The company boasts an impressive track record of Return on Equity (ROE) with a commendable 29 per cent over the past 3 years.

Foxconn invests Rs 16 billion in Tamil Nadu for a new electronic components manufacturing facility, creating 6,000 jobs in Chennai.