Promotor unpledged 21 per cent of shares: This single-digit PE paper stock jumped from its long-term moving average; multibagger mid-cap returned 280 per cent!

The company has reduced debt and achieved strong profit growth with a 19.6 per cent CAGR over the past five years.

Prajwal Wakhare / Wednesday, December 6, 2023 / Article rating: 3.8

In Q2FY24, the company achieved the highest finished production for the quarter totalling 40,649 metric tons. The upgradation of the paper machine led to an increase in its capacity from 30 tons to 50 tons per day.

Multibagger in just one year: This small-cap paper stock reports impressive 280 per cent growth in net profits!

Shares of the company have gained more than 30 per cent in the last six months.

Praveenkumar Yadav / Friday, July 28, 2023 / Article rating: 3.1

Shares of the company have gained more than 30 per cent in the last six months.

These stocks have higher promoter pledge of as much as 100 per cent; stay cautious!

Here is the list of stocks where promoters pledged percentage is quite high

Karan Dsij / Wednesday, September 21, 2022 / Article rating: 4.2

The amount of risk that companies run by pledging shares are different for small and mid-cap companies than it is for large-caps. The betas are far higher in the case of small companies because if the market corrects, the stocks of such companies plummet, resulting in financial institutions selling these shares and putting further pressure on the stocks.