Multibagger stock at Rs 101: This micro-cap company to develop India's first 7-Star Resort on the outskirts of Mumbai under the ANCHAVIYO brand

The stock gave multibagger returns of 500 per cent in 3 years and a whopping 800 per cent in 5 years.

Bharat Agri Fert & Realty Limited (BAFREL) is making a big move in the hospitality sector. They are planning to develop India's first-ever 7-star resort on the outskirts of Mumbai. This ambitious project will be built on the existing Anchaviyo resort's surplus 120-acre freehold land. The expansion will add a significant 170 rooms to the existing 80, along with a state-of-the-art banquet hall and other upgraded amenities. With its picturesque riverside location, the resort is aiming to become a perfect venue for destination weddings.

The total project cost is estimated to be around ₹50-55 crores and is expected to be completed by 2025-2026. This expansion aligns with Indian Prime Minister Narendra Modi's vision under the 'WED IN INDIA' initiative, which aims to boost the domestic wedding industry and keep economic benefits within the country. BAFREL is also looking to further strengthen its presence in the hospitality sector over the next two to three years and is exploring a joint venture with a prominent hotel chain.

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About the Company

Bharat Agri Fert & Realty Limited (BAFRL), was established in 1962 as a pioneering Indian company, initially recognized for being the first to manufacture NPK fertilizers through "Project Finance" from NRI investors. With three key business verticals – Fertilizers, Realty, and Hospitality – the company is strategically navigating challenges and pursuing growth opportunities. In the fertilizer business, the company is temporarily leasing out its assets to address supply chain disruptions, fostering potential future manufacturing operations. The Realty segment focuses on a landmark project in Thane City, developing 60 60-floor building with a commencement certificate from the planning authority received to build up to the 35th floor.

Today, shares of Bharat Agri Fert & Realty Limited plunged 0.56 per cent to Rs 98.63 per share with an intraday high of Rs 101 and an intraday low of Rs 99 from its previous closing of Rs 98.15. The shares of the company have a 52-week high of Rs 132.45 while its 52-week low is Rs 76.99. The stock gave multibagger returns of 500 per cent in 3 years and a whopping 800 per cent in 5 years.

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