300 Per Cent Multibagger Returns: Micro-Cap Company Subsidiary Secures 2 Orders Worth Rs 7,00,00,000 In Water Treatment Contracts
The stock gave multibagger returns of over 300 per cent from its 52-week low of Rs 196.40 per share.
H2O Dynamics India Ltd, a subsidiary of Meson Valves India, has secured two significant orders worth Rs 7 crore in water treatment contracts. The first project is for the Mahakumbh 2025 Mela Area and involves the manufacturing, supply, and installation of three prefabricated sewage treatment plants with a total capacity of 1.5 MLD. The second project is for the Galactic City Project in Greater Noida West, UP, and entails the manufacturing, supply, installation, operation, and maintenance of a hybrid granular SBR-based compact sewage treatment plant with a capacity of 1000 KLD.
In just a few months since its establishment, H2O Dynamics India Ltd has demonstrated strong growth potential in the water treatment sector by securing these two major orders. The company specializes in treating industrial wastewater with high levels of biological oxygen demand (BOD), chemical oxygen demand (COD), and total suspended solids (TSS). H2O Dynamics India Ltd offers a comprehensive range of services, including the design, manufacture, repair, installation, import, export, and distribution of advanced water processing equipment. With products approved by BARC and cutting-edge technologies like evaporation, filtration, clarification, and aerobic/anaerobic processes, the company is capable of effectively removing pollutants from industrial wastewater. This technical expertise enables H2O Dynamics India Ltd to serve a wide range of industries, including food and beverage, automotive, mining, pharmaceuticals, petrochemicals, power, and oil and gas sectors.
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About the Company
Established in 2016, Meson Valves India Limited emerges as a prominent global player in the manufacturing of high-quality valve products across various industries. With a strong global presence, MESON offers a comprehensive range of valves in various materials, backed by experienced engineers providing tailored automation systems. Their expertise spans the Defence, Marine, Industrial, Oil & Gas, and Power sectors, showcasing their versatility and commitment to meeting diverse market demands. They leverage cutting-edge technologies to innovate in valve solutions, meeting evolving industry demands. As an ISO 9001-certified company, MESON prioritizes quality assurance, registering with reputed firms, and supplying valves for critical applications, including defence projects.
On Friday, shares of Meson Valves India Ltd plunged 1.86 per cent to Rs 792.85 per share with an intraday high of Rs 842 and an intraday low of Rs 763.20. The stock gave multibagger returns of over 300 per cent from its 52-week low of Rs 196.40 per share.
The company has a market cap of over Rs 800 crore and shares of the company have an ROE of 45 per cent and an ROCE of 44 per cent. In FY24, total revenue stood at Rs 63.32 crore with an EBITDA of Rs 14.95 crore and a net profit of Rs 9.05 crore. Investors should keep an eye on this micro-cap stock.
Disclaimer: The article is for informational purposes only and not investment advice.