Market share is the proportion of a market’s or industry’s overall sales that a specific company earns over a given duration. Market share is computed by dividing the company’s sales during that time period by the total sales of the industry during that same time frame.
Here are the 3 Small-cap stocks with more than 50% market share.
Bajaj Consumer Care Ltd
Bajaj Consumer Care Ltd is engaged in the business of cosmetics, toiletries, and other personal care products. The Company has a presence in both domestic as well as international markets.
With a market capitalization of Rs 3,329.24 crores. Bajaj Consumer Care Ltd, the company’s shares closed at Rs 225.65 a share, an increase of 1.09 percent from the previous close price.
In the light hair oil segment, Bajaj Consumer Care Ltd. holds a 60% market share. The company also cut the amount of water used at our plants by 33% over the course of the year. In the next two years, Bajaj Consumer Care Ltd wants to become water-neutral.
Bajaj Consumer Care Ltd’s revenue increased by 1.03 percent from Rs 232.45 Crore in Q2FY23 to 234.85 Crore in Q2FY24. During the same period, net profits increased by 17.7 percent from Rs 31.66 Cr to Rs 37.28 Cr.
Jamna Auto Industries Ltd
Jamna Auto offers a complete line of suspension solutions for Indian commercial vehicles ranging from tippers, tractors, trailers, ICVs, and Buses.
With a market capitalization of Rs 4,399.12 crores, Jamna Auto Ltd, company’s shares closed at Rs 113.30 a share, a decrease of 1.03 percent.
With over 90% of the Indian market for parabolic springs and over 68% of the OEM spring market overall, Jamna enjoys a monopoly position. From the standpoint of the customer, parabolic springs enable better ride quality with decreased weight, enabling it to withstand higher stress levels and less inter-leaf friction for extended fatigue life.
Jamna Auto Ltd’s revenue increased by 10 percent from Rs 552.74 Crore in Q2FY23 to 607.36 Crore in Q2FY24. During the same period, net profits increased by 34 percent from Rs 37.33 Cr to Rs 50.11 Cr.
Dreamfolks Services Ltd
DreamFolks Services Ltd. is the biggest airport service aggregator platform in India, providing travelers with an improved airport experience through the use of a technology-driven platform.
With a market capitalization of Rs 2,977.94 crores, DreamFolks Services Ltd the company’s shares closed at Rs 561.60 a share, an increase of 1.94 percent from the previous close price.
With a market share of more than 90% in the domestic lounge access market, DreamFolks Services Ltd. has developed from an airport lounge access aggregator to an end-to-end technology solutions provider, concentrating on designing and delivering services that improve the airport experience.
DreamFolks Services Ltd’s revenue increased by 110 percent from Rs 367.04 Crore in FY 2021-22 to 773.25 Crore in FY 2022-23. During the same period, net profits increased by 128.9 percent from Rs 31.68 Crore to Rs 72.53 Crore.
Written By:- Abhishek Singh.
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