Stocks that produce returns that are multiples of their expenditures are known as multibaggers, These stocks are essentially inexpensive and have outstanding fundamentals, making them excellent investing opportunities.
Microcap stocks have a modest market capitalization. These stocks can provide individuals with unique investing opportunities, and the firms are less well-known but still have significant growth potential.
Here are three Multibagger Micro-cap Chemical Stocks
India Gelatine & Chemicals Ltd
India Gelatine & Chemicals Ltd is a company that makes chemical products.company product range includes Photographic Gelatine,Edible Gelatine Technical Gelatine,ossein and dicalcium phosphate.
India Gelatine & Chemicals Ltd belongs to the micro-cap category, with a market capitalization of Rs 253 crores. On wednesday, shares were trading at Rs 358 a share, up 0.06 percent from the previous close price.
The company’s share price has climbed from Rs 118.45 to current values in the last year, yielding multibagger returns of 207 percent. As a result, if an investor bought 1 lakh company shares the previous year, their holdings are now worth 3.07 lakhs!
Company’s revenue increased by 29 percent year on year, from Rs 159 crore in FY 21-22 to Rs 205 crore in FY 22-23. During the same time period, Net Profit increased by 360 percent, rising from Rs 5 crore to Rs 23 crore.
Cochin Minerals and Rutile Ltd
Cochin Minerals & Rutile Ltd is the main producer of Aqua Ferric Chloride in India.The company produces Synthetic Rutile, Ferric Chloride, Ferrous Chloride, Iron Hydroxide, Recovered Upgraded Ilmenite, and Rutoweld.
Cochin Minerals and Rutile Ltd, with a market valuation of Rs 262 crores, belongs to the micro-cap category.On wednesday, shares were trading at Rs 335.25 per share, a 1.05 percent increase from the previous close price.
The company’s share price has climbed from Rs 113.40 to current values in the last year, yielding multibagger returns of 192 percent. As a result, if an investor bought 1 lakh company shares the previous year, their holdings are now worth 2.92 lakhs!
Revenue climbed by 53 percent year on year, rising from Rs 289 crore in FY 21-22 to Rs 443 crore in FY 22-23. Net Profit climbed by 833 percent within the same time period, going from Rs 6 crore to Rs 56 crore.
Chembond Chemicals Ltd
Chembond Chemicals Ltd a manufacturer of metal pretreatment chemicals and company produces a wide variety of speciality chemicals, including water treatment, polymers, building chemicals and industrial biotech products.
Chembond Chemicals Ltd is a micro-cap company with a market valuation of Rs 551 crores.On wednesday, shares were trading Rs 410 per share, a 1.01 percent increase from the previous close price.
The company’s share price has climbed from Rs 164.90 to current values in the last year, yielding multibagger returns of 145 percent. As a result, if an investor bought 1 lakh company shares the previous year, their holdings are now worth 2.45 lakhs!
Company’s revenue increased by 26 percent year on year, from Rs 349 crore in FY 21-22 to Rs 440 crore in FY 22-23. During the same time period, Net Profit increased by 84 percent, rising from Rs 13 crore to Rs 24 crore.
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
