Hot Stock: This multibagger small-cap stock launches AI-generated TV advertisements and likely to raise funds via rights issue!
The stock gave multibagger returns of 350 per cent in 3 years and a whopping 1,000 per cent in a decade.
Rushil Decor Ltd (BSE: 533470, NSE: RUSHIL) a leading company in laminate and MDF panel boards, launched an AI-generated television advertisement with the key message “MDF means VIR MDF”.
The company has always been at the forefront of adopting new technologies for better customer connections. This festive session, the company has harnessed the power of AI technology to create a VIR MDF TV ad, which is a first in the MDF segment. The new TVC weighs in on the power of MDF, which is a better alternative to plywood and other wood-based panels.
The campaign titled, ‘MDF means VIR MDF” introduces a mascot who personifies the strength and durability of VIR MDF. It encourages carpenters, interior decorators, architects, end consumers, OEMs, furniture manufacturers and people at large, to embrace VIR MDF for durable and stylish furniture, shelves, doors, cabinets and other applications.
Fundraise Update: The Board of Directors of the company is scheduled to be held on Thursday, October 26, 2023, inter alia: to consider and approve the raising of funds by issue of equity shares, or any other financial instruments convertible into equity shares (including warrants, or otherwise) by way of preferential allotment or private placement or qualified institutions placement or right issue basis or any combination thereof or any other method as may be permitted under applicable laws.
On Friday, shares of Rushil Décor Ltd surged 3.03 per cent to Rs 360.80 per share from its previous closing of Rs 350.15. The stock’s 52-week high is Rs 438.18 and its 52-week low is Rs 202.37. The company falls under the BSE Small-Cap Index and has a market cap of Rs 935 crore.
The stock gave multibagger returns of 350 per cent in 3 years and a whopping 1,000 per cent in a decade. Investors should keep an eye on this stock.
Disclaimer: The article is for informational purposes only and not investment advice.
DSIJ’s 'Multibagger Pick’ service recommends well researched multibagger stocks with High Returns potential. If this interests you, do download the service details here.
Related articles
-
Penny stock at Rs 21 & promoters increase stake: Board approved letter of offer for rights issue worth Rs 49,00,00,000; stock trades at high ROE & ROCE!
-
Rs 500,00,00,000 export mark in next 4 years: High ROE small-cap stock in green after the company is awarded 3-star export house certification from Government of India!
-
Multibagger penny stock under Rs 25; Board announces right issue – know the record date inside!
-
900 per cent returns & FIIs increase stake: This multibagger small-cap company bets on future growth with an aim of Rs 2,500 crore sales (3x FY23 sales)!
-
900 per cent returns & FIIs increase stake: This multibagger small-cap company embarks on growth path with Rs 124,74,00,000 fundraising for capacity expansion!
-
Penny stock under Rs 10 announces fund raise plan worth Rs 50,00,00,000 via rights issue!
-
Multibagger in just 6 months & Rs 5,372 crore order book; Board announced rights issue worth Rs 2,00,00,00,000!
-
52-week high alert: This multibagger Semiconductor Software company got approval for DLI application for the development of a smart energy meter IC from Government of India
-
Adani Group-backed aerospace & defence company signs landmark cooperation agreement with EDGE Group
-
BNP Paribas bought 9,86,663 shares & Promoters bought over 5 per cent stake of this stock under Rs 65; Company into expansion as it acquired IT-Cube for Rs 84 crore
-
2:1 bonus share, 2:1 stock split & 2,480 per cent multibagger returns: This electric vehicle (EV) loan provider company allots 7,65,000 shares upon conversion of warrants
-
1:1 bonus share and promoter & FIIs increase stake: This steel tube manufacturer company has achieved the highest ever revenue of Rs 2,040.23 crore!
-
Rs 36,355 crore order book: LIC-backed multibagger construction stock below Rs 70; Company reports a 94 per cent jump in net profit to Rs 324.2 crore!
-
3,500 per cent multibagger returns: This electric vehicle (EV) loan provider company allots non-convertible debentures worth Rs 24,84,00,000 to 2 investors!
-
Rs 50,00,00,000 investment: This multibagger micro-cap company acquired luxury staycation property and commercial retail spaces!
-
1:1 bonus share & 10:1 stock split: This personal care company executes order worth Rs 23.07 crore in Brazil
-
Dolly Khanna and FIIs increased stake in this small cap company for two consecutive quarters back-to-back
-
Dolly Khanna bought over 1 per cent stake & FIIs increased their holding in this multibagger small cap company!
-
From Rs 15.01 to Rs 36.66 per share in just 345 days: Multibagger penny stock was locked in upper circuit on March 07, PAT zooms over 150 per cent!
-
2:1 bonus share, 2:1 stock split with 4,646 per cent multibagger returns: Board likely to raise funds through issue of foreign currency-denominated bonds!