DSIJ Mindshare

The promotors of the company hold more than 60 per cent stake in the company as of June 2023.

The company has a market cap of over Rs 11,000 crore with a 1-year CAGR of 79 per cent.  According to the consolidated statements, the net sales increased by 47.69 per cent and net profit increased by 58.69 per cent in Q4FY23 over Q4FY22. In FY23, net sales increased by 50.28 per cent and net profit increased by 42.76 per cent over FY22.

The stock gave multibagger returns of 110.84 per cent from its 52-week low of Rs 547.10 per share.

Now, let’s look at the Small-cap stocks that attracted fund managers in the month of October 2022 (Note: We have considered stocks which have seen buying of over 50 crores.)

The company's clients include Syngenta, Adama, Sumitomo Chemical, and UPL.