Rekha Jhunjhunwala, Ashish Kacholia, and Mukul Agrawal Gain Rs 12.94 Crore, Rs 5.24 Crore, Rs 4.03 Crore Today in This Stock; Do You Own It?
The company’s shares have gained around 100 per cent in the last 1 year.
Raghav Productivity Enhancers Ltd specializes in the production of quartz-based ramming mass, quartz powder, and tundish boards, marketed under the brand name "Raghav." The company’s key clients include R.L. Steel, Mahalakshmi TMT, and Varsana SPA, who receive products such as ramming mass, silica ramming mixes, and quartz. It serves both domestic and international markets, with a presence in 26 countries beyond India. The company operates a manufacturing facility in Nevai, Rajasthan, which boasts a total production capacity of 180,000 MT per annum.
At the start of the day's trading session, the stock opened at Rs 1028 per share, compared to the previous day's closing figure of Rs 974.20 per share on the BSE. Finally, the shares closed at Rs 1087.40 per share. The stock has hit the 52-week high and upper circuit, reflecting strong demand in the market. The company's current market capitalization stands at Rs 2495.87 crore, and the stock has generated an impressive multibagger return of over 1600 per cent in the past 5 years.
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The company announced its Q1 FY25 recently, as per the Quarterly Results, in Q1 FY25, Raghav Productivity Enhancers Ltd recorded a revenue of Rs 44.84 crore representing a gain of around 49 per cent compared to Rs 30.08 crore in Q1 FY24. The operating profit for Q1 FY25 stood at Rs 12.31 crore compared to Rs 8.38 crore representing an operating profit margin of 24.45 per cent. The net profit for Q1 FY25 was Rs 8.29 crore compared to Rs 5.74 crore representing a gain of over 44 per cent YoY. Looking at the annual performance, the company generated a revenue of Rs 133 crore in FY24. The operating profit for FY24 was Rs 40 crore with a net profit of Rs 26 crore.
According to the shareholding pattern of Raghav Productivity Enhancers Ltd, promoters own a 62.92 per cent stake, while public investors hold 37.04 per cent. Three renowned investors hold stakes in the company: Rekha Jhunjhunwala with approximately 4.98 per cent, Ashish Kacholia with around 2.02 per cent, and Mukul Agrawal with about 1.55 per cent. In today’s share price rally, these ace investors have made around Rs 12.94 Crore, 5.24 Crore, and 4.03 Crore respectively.
Investors must keep this Small-Cap stock on their radar.
Disclaimer: The article is for informational purposes only and not investment advice.