DSIJ Mindshare

This sugar stock records the highest profit in the last 8 quarters; board-approved commissioning of a new CO2 plant

Company witnessed a notable surge in its stock price today, climbing by 9.15 per cent to reach its day high, supported by its strong Q3FY24 results.

Prajwal Wakhare 0 855 Article rating: 3.5

The company is in the process of commissioning a new CO2 plant. The new plant will have an Investment of Rs 3 crores and will be financed through borrowings from a bank. The rationale for the new plant is to convert waste molasses fermentation into liquefied carbon dioxide and dry ice. This process has several benefits, including environmental and economic benefits.

This low-price micro-cap to conduct a security audit of NICSI; multibagger stock touched a 52-week high by gaining 11 per cent in a day!

This is a micro-cap company with a market capitalization of Rs 111 crore and currently trading at Rs 86.2.

Prajwal Wakhare 0 2416 Article rating: 2.8

This stock has generated multibagger returns of 197.24 per cent in last 3 years. The company has been maintaining a healthy dividend payout of 26 per cent. Company is almost debt free.

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DALAL STREET INVESTMENT JOURNAL - DEMOCRATIZING WEALTH CREATION

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