{"id":88559,"date":"2023-02-07T12:10:00","date_gmt":"2023-02-07T06:40:00","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=88559"},"modified":"2023-02-07T12:57:54","modified_gmt":"2023-02-07T07:27:54","slug":"small-cap-multibagger-stock-hits-an-upper-circuit-after-100-increase-in-net-profit","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/small-cap-multibagger-stock-hits-an-upper-circuit-after-100-increase-in-net-profit\/","title":{"rendered":"Small cap multibagger stock hits an upper circuit after 100% increase in net profit\u00a0"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1744413112\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>The shares of Jyoti Resins and Adhesives Limited hit an upper circuit of 5 percent at Rs 1,170 levels in the early hours of Tuesday. The scrip gained ahead of the board meeting that is scheduled on February 10th, 2023 to consider and approve the quarterly results of the company.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2146047795\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p>In Q2FY23, the company reported a total revenue of Rs 65.65 Crore, a 35 percent jump Year on Year from Rs 48.62 Crore. Their net profit in the period stood at Rs 8.82 Crore which doubled compared to Rs 4.34 Crore in Q2FY22.&nbsp;<\/p><p><a href=\"https:\/\/portal.tradebrains.in\/stock\/514448\/standalone\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Jyoti Resins and Adhesives Limited<\/strong><\/a> is an India-based company that is engaged in the business of manufacturing synthetic wood adhesives under its brand name EURO7000. It has a presence in 12 states with more than 20 branches in the country.&nbsp;<\/p><p>The shares have risen from Rs 471 a piece in February 2022 to the current levels logging a multibagger return of 149 percent in a year. In an even longer time frame, the stock has delivered a multibagger return of 5,374 percent in 5 years turning an investment of Rs 1 lakh into 54.74 Lakhs.<\/p><div class=\"trade-content_5\" id=\"trade-3956408172\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>The small-cap stock has a market capitalization of Rs 1,404 Crore and a dividend yield of 0.64%. The promoters of the company hold a 50.82 percent stake and haven&#8217;t pledged any of it while the remaining 49.18 percent stake is held by the public.&nbsp;<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by Anoushka Roy<\/strong><\/p><\/blockquote><h4 class=\"wp-block-heading\" id=\"h-disclaimer\"><strong>Disclaimer<\/strong><\/h4><div class=\"wp-block-image\"><figure class=\"aligncenter size-full is-resized\"><img decoding=\"async\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer.png\" alt=\"\" class=\"wp-image-26306\" width=\"256\" height=\"256\"\/><\/figure><\/div><p><strong>The content in this news article is not investment advice. 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.<\/strong><\/p><div class=\"trade-after-content\" id=\"trade-1642525104\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>The shares of Jyoti Resins and Adhesives Limited hit an upper circuit of 5 percent at Rs 1,170 levels in the early hours of Tuesday. The scrip gained ahead of the board meeting that is scheduled on February 10th, 2023 to consider and approve the quarterly results of the company.&nbsp; In Q2FY23, the company reported [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":81074,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,1789],"tags":[5913,5914,2660,5915,3912,2843,2659,948,936,3153,2597],"class_list":["post-88559","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-jyoti-resins-and-adhesives-limited-share-price","tag-multibagger-small-cap-stock-to-buy-now","tag-multibagger-stock","tag-multibagger-stock-to-buy-in-2023","tag-multibagger-stock-to-watch","tag-multibagger-stocks-india","tag-multibaggers","tag-stock-market","tag-stock-market-news","tag-stock-to-buy","tag-stocks-to-watch"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Small cap multibagger stock hits an upper circuit after 100% increase in net profit\u00a0 - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"The shares have risen from Rs 471 a piece in February 2022 to the current levels logging a multibagger return of 149 percent in a year. In an even longer time frame, the stock has delivered a multibagger return of 5,374 percent in 5 years turning an investment of Rs 1 lakh into 53.75 Lakhs.\u00a0\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/small-cap-multibagger-stock-hits-an-upper-circuit-after-100-increase-in-net-profit\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Small cap multibagger stock hits an upper circuit after 100% increase in net profit\u00a0\" \/>\n<meta property=\"og:description\" content=\"The shares have risen from Rs 471 a piece in February 2022 to the current levels logging a multibagger return of 149 percent in a year. 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