A market leader is a company that has the largest market share in a specific industry. A market leader is a product, brand, company, organization, or group name that has the highest percentage of total sales revenue in a certain market.
Market leaders exert market dominance by influencing customer loyalty, distribution, and pricing, among other things. In a new market, the market leader typically enjoys a first-mover advantage.
Here are three Market leader stocks trading at a discount of up to 32% from their 52-week high
Oriental Carbon & Chemicals Ltd
The company belongs to the small-cap category with a market capitalization of Rs 649 crore. On Friday, company shares closed at Rs 650 a share, a gain of 1.12 percent from the previous close price.
The company’s shares are down by 30 percent from its 52-week high of Rs 936.85 apiece to the current price.
The company’s revenue increased 1.6 percent yearly, from Rs 122 crore in Q4FY23 to Rs 124 crore in Q4FY24. Furthermore, Net profit has increased by 7 percent from Rs 14 crore to Rs 15 crore.
Oriental Carbon & Chemicals (OCCL) manufactures insoluble sulphur, an essential compound used as a vulcanization agent in manufacturing tyres. Company has a direct play in the domestic and global tyre industry.
Oriental Carbon & Chemical is a leading producer of insoluble sulphur, a crucial component in the tyre and rubber industry. Globally, they command a 10% market share, amounting to approximately 300,000 metric tonnes, while domestically, they hold a significant 55-60% share, which translates to around 20,000 metric tonnes.
Subros Ltd
The company belongs to the small-cap category with a market capitalization of Rs 3,960 crore. On Friday, company shares closed at Rs 608 a share, a gain of 1.50 percent from the previous close price.
The company’s shares are down by 17 percent from its 52-week high of Rs 732.60 apiece to the current price.
The company’s revenue increased 11 percent yearly, from Rs 748 crore in Q4FY23 to Rs 832 crore in Q4FY24. Furthermore, Net profit has increased by 66 percent from Rs 18 crore to Rs 30 crore.
Subros Limited is engaged in the business of manufacturing and supplying Auto Air Conditioning products for all major Automakers in Passenger and Commercial Vehicle Space.
Subros is the largest Air Conditioning & Thermal Products company in India. It has a market share of 42 percent and 51 percent in the Passenger Car AC and Truck Aircon/Blower segment respectively.
GMM Pfaudler Ltd
The company belongs to the small-cap category with a market capitalization of Rs 5,714 crore. On Friday, company shares closed at Rs 1,271 a share, a gain of 1.87 percent from the previous close price.
The company’s shares are down by 32 percent from its 52-week high of Rs 1,896.75 apiece to the current price.
The company’s revenue declined by 14 percent yearly, from Rs 866 crore in Q4FY23 to Rs 741 crore in Q4FY24. Furthermore, Net profit has decreased by 12 percent from Rs 33 crore to Rs 29 crore.
The company manufactures and sells a variety of structural steelworks, industrial machinery, and glass-coated chemical containers and storage tanks in both horizontal and vertical designs.
GMM Pfaudler is a leading participant in the glass-lined equipment sector, with more than 50% market share.
Written by Omkar Chitnis
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
