Power transformer stock under Rs 100 hit back-to-back upper circuits & 52-week highs; Rockets over 1,400 per cent in just 1 year!
The stock gave multibagger returns of 1,427 per cent in just 1 year and a whopping 4,652 per cent in 5 years.
On Wednesday, the stock market was in green with the BSE Sensex Index up 0.13 per cent at a level of 80,905. About 2,546 shares have advanced, 1,413 declined and 79 are unchanged on the BSE.
Along with the market in green, one of the Top Gainers on BSE, shares Marsons Ltd is locked in 5 per cent upper circuit to Rs 92.66 per share from its previous closing of Rs 88.25. The stock also made a fresh 52-week high is Rs 92.66 per share while its 52-week low is Rs 5.32 per share. The stock has been hitting back-to-back upper circuits & 52-week highs in the recent trading sessions.
Marsons Ltd., a pioneer in India's power transformer industry since 1976, specializes in manufacturing, supplying, erecting, testing, and commissioning a comprehensive range of distribution and power transformers (10 kVA to 160 MVA, 220 kV), including furnace, dry type, and custom-built variants. With a global footprint of over 3 lakh transformers powering diverse applications, the company caters to a vast clientele encompassing state electricity boards, power utilities across India, and international markets including the UK, Ethiopia, Dubai, Jordan, Bangladesh, and others. Marsons has forged strong partnerships with leading industry giants such as ABB, Alstom, Schneider Electric and GE Power as well as domestic powerhouses like Tata, Reliance and BHEL, solidifying its position as a dominant force in the sector.
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According to Quarterly Results, the net sales increased by 12,891.3 per cent to Rs 29.88 crore in Q1FY25 compared to Rs 0.23 crore in Q1FY24. The company reported a net profit of Rs 5.24 crore in Q1FY25 compared to a net loss of Rs 0.43 crore in Q1FY24, an increase of 1,318.6 per cent
Marsons Ltd has a market cap of Rs 1,594.7 crore and has a 5-year stock price CAGR of 120 per cent. The stock gave multibagger returns of 1,427 per cent in just 1 year and a whopping 4,652 per cent in 5 years. Investors should keep an eye on this small-cap stock.
Disclaimer: The article is for informational purposes only and not investment advice.
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