DSIJ Mindshare

Micro-Cap below Rs 100: High ROE and sales growth company is offering a 33 per cent discount on rights issue

They've announced a record date for the purpose of determining the equity shareholder’s entitled to receive the Rights Entitlement in the Right Issues

Karan Dsij 0 4043 Article rating: 3.6

It's currently trading at Rs 59.50, making it a captivating micro-cap stock with a market cap of Rs 189 crore. While others may falter, SIL stands tall. The company has delivered good profit growth of 59.3 per cent CAGR over last 5 years. Company has a ROE of 31.8 per cent.

Ashish Kacholia makes a fresh entry in this micro-cap stock; Mukul Agarwal already owns a substantial 9.26 per cent stake!

The stock has delivered multibagger return of 116 per cent in the last one year.

Karan Dsij 0 27828 Article rating: 4.0

Mukul Agarwal, already owns a substantial 9.26 per cent stake in the company. In a recent development, company received a work order or Letter of Intent (LOI) from the DLF Group and it amounts to a total of Rs 9.93 crore, including GST.

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