Dont miss action in multibagger Rushil Decor as it is meeting myriad of marquee institutional investors tomorrow
Going forward, we expect stock-specific action to continue on D-Street and stocks which belong to Small-Cap segment are likely to be closely watched by the market participants.
What a marvellous week it was for the Indian benchmark indices! Nifty50 index jumped more than 1.5 per cent while the broader market outperformed the frontline gauge with Nifty Smallcap being the show-stopper as it advanced as much as 3.32 per cent.
Going forward, we expect stock-specific action to continue on D-Street and stocks which belong to Small-Cap segment are likely to be closely watched by the market participants.
One the stock which may perhaps hog the limelight on Monday is Rushil Decor. The reason behind this is that the management of the company is going to participate in the Edelweiss Home Decor conference, organized by Edelweiss where the management shall have one on one/group meetings with a myriad of marquee institutional investors. The list includes name of Abakkus Asset Managers Llp, JM Mutual Fund, Old Bridge Capital Management, Canara Robeco MF, Helios Capital Management Pte Ltd, White Oak Capital, Motilal Oswal Asset Management Company- PMS, Bajaj Holding & Investment Ltd and many more to name.
The stock has delivered returns of in excess of 38 per cent in the last three months and in the last one year the stock has jumped 135 per cent as a result the stock has been a multibagger-pick ">Multi-bagger.
Interestingly, in the recently concluded quarter, several positive points emerged for Rushil Décor. The ever-increasing experience combined with an excellent team delivered one of the most fabulous results for the company. Both of the segments i.e., MDF and Laminates, contributed to the growth of the company. The MDF segment showed a very significant growth in terms of EBIDTA and overall profitability with capacity utilization. Furthermore, other focus of the company has been to gradually increase their exports and enhance the value-added contribution. The overall exports repo rate substantial growth in terms of value and realization, both. Company now plans to move into the next leg of the growth for which the board has approved fund raising of Rs 200 Crore.
Keep this stock on your radar for Monday!