Ace investors Rakesh Jhunjhunwala, Ashish Kacholia, and Mukul Agarwal collectively hold an 8.7 per cent stake in this small-cap multibagger stock; do you own it?

Not one or two, but a multitude of star investors have placed their bets on this remarkable company.

In the bustling world of Indian stock markets, where every trading session holds the promise of excitement, Tuesday's session was nothing short of electrifying. The Nifty and Sensex, two stalwarts of the Indian stock exchange, surged by nearly 1 per cent, igniting a blaze of optimism that engulfed investors and traders alike. But amidst this financial fervor, one company that shone the brightest was Raghav Productivity Enhancers Limited (RPEL), a true underdog story.

RPEL's journey began in the humble year of 2009. From its inception, the company has traversed an incredible path, emerging as the largest producer of silica ramming mass on a global scale. What's even more impressive is that RPEL is not just any company; it's the only listed and organized ramming mass manufacturer in India.

Now, you might be wondering, what exactly is silica ramming mass and why does it matter? Silica ramming mass is a critical refractory product used to line the inner walls of Induction Furnaces (IF). These IFs are the backbone of secondary steel manufacturing plants not only in India but also across Asia, Africa, and the Middle East. Moreover, they play a pivotal role in foundry and casting plants globally.

Over the years, RPEL has not only secured its position as the largest exporter of ramming mass but has also become the sole pan-India supplier in a market that was previously unorganized and fragmented. Their clientele includes distinguished steel manufacturers and foundries both in India and worldwide, a testament to their superior quality products and innovative manufacturing practices.

Now, let's talk numbers, and trust me, they're impressive. RPEL's stock recently skyrocketed, surging over 3 per cent to reach a fresh all-time high of Rs 683.85. In the first ten days of October 2023 alone, the stock has surged by a whopping 38 percent, equivalent to a gain of Rs 186 per share. Over the past year, this Small-Cap gem has seen an astounding 125 per cent increase in its stock price, firmly establishing itself as a multibagger stock.

But here's where the story gets truly fascinating. When you delve into RPEL's shareholding pattern, you'll discover a galaxy of stars. Not one or two, but a multitude of star investors have placed their bets on this remarkable company. Leading the charge is Rekha Rakesh Jhunjhunwala, the wife of the late Shri Rakesh Jhunjhunwala, holding a substantial 5.12 per cent stake, equivalent to a staggering 1,174,252 shares. Following closely are Utpal Sheth, Ashish Kacholia, and Mukul Mahavir Agarwal, owning 3.44 per cent, 2.02 per cent, and 1.55 per cent, respectively, in the company.

Now, let's shed some light on Utpal Sheth, the CEO of Rare Enterprises. He's no ordinary investor; Utpal is a Chartered Financial Analyst from The Institute of Chartered Financial Analysts of India, and he holds an All-India Gold Medal in one of the final groups. His investment in RPEL underscores the immense potential and promise that this company holds.

Disclaimer: The article is for informational purposes only and not investment advice.