Don't miss action in the multibagger stock below Rs 200: A bonus is likely to be announced for the fifth time!

This small-cap entity has not merely thrived but soared, yielding multibagger returns of 101.19 per cent over the past year and a staggering 347.53 per cent over the preceding three years.

During turbulent market conditions, akin to rainy days, where the unpredictability reigns supreme, it's akin to ensuring you have an umbrella to shield yourself from getting drenched. Similarly, in the realm of investments, possessing stocks endowed with robust business models and burgeoning profits acts as a safeguard against market vagaries.

One such beacon amidst the market tumult is Grauer & Weil (India) Ltd., which, in December 2023, notched up its highest profits on record, propelling its stock to surge by an impressive 15 per cent, attaining a fresh 52-week pinnacle on the NSE. This Small-Cap entity has not merely thrived but soared, yielding multibagger returns of 101.19 per cent over the past year and a staggering 347.53 per cent over the preceding three years.

Operating across three pivotal business segments—surface finishing, engineering, and retail—the company exhibits a diversified portfolio. Within the surface finishing ambit, it boasts a chemicals division, paints division, and oil division. The chemicals division specializes in manufacturing and vending electroplating chemicals, intermediates, and niche specialty chemicals. Meanwhile, the paints division predominantly crafts industrial coatings, and the oil division produces an array of oils and lubricants. The engineering arm is instrumental in fabricating and furnishing turnkey solutions for electroplating plants, effluent treatment plants, and assorted engineering products. Additionally, Grauer & Weil (India) Ltd. stands as the proud owner of Growels 101, a shopping-cum-entertainment enclave nestled in Kandivali East, Mumbai.

In a noteworthy development, the company has divulged plans for a Board of Directors meeting slated for Monday, February 26, 2024, wherein the issuance of bonus Shares to shareholders will be deliberated. Notably, this isn't uncharted territory for the company, having dispensed four bonuses since March 19, 2001, with the last bonus, in the ratio 1:4, announced in September 2005.

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