The company has a market cap of over Rs 4,500 crore. According to its quarterly results and annual results, the company reported excellent numbers and has delivered good profit growth of 18.30 per cent CAGR over the last 5 years

In its recent review, 43 securities have been added, while 16 securities have been deleted from The MSCI India Domestic Small Cap Index. 

All the products that we are into had high realisations on account of robust demand and thus, we expect this demand scenario to continue; asserts Maulik Patel, Chairman and Managing Director, Meghmani Finechem Ltd

BSE Smallcap index outperformed broader markets to end the session at 26,534.53, up by 0.62 per cent.

BSE Smallcap index outperformed broader markets gaining 2.23 per cent to close at 26,192.30.

BSE Smallcap index underperformed broader equity markets, recording gains of 0.76 per cent and closing at 28,918.83.

The world is looking for China plus 1 substitute and India is perfectly placed to get the benefit of the same, states Maulik Patel, Chairman and Managing Director, Meghmani Finechem Limited.