Narayan Murthy-backed small-cap multibagger makes strategic acquisition; offering geographical diversification and low-cost capacity expansion opportunities!
Narayan Murthy-backed small-cap multibagger makes strategic acquisition; offering geographical diversification and low-cost capacity expansion opportunities!

Narayan Murthy-backed small-cap multibagger makes strategic acquisition; offering geographical diversification and low-cost capacity expansion opportunities!

The stock has delivered 167 per cent in the last one year and hence, turning out to be a multibagger stock, while in the last three years it has jumped nearly 1,096 per cent.

Karan Dsij Article rating: 3.8

The manufacturing unit in MP is expected to turn profitable in the forthcoming financial year, offsetting initial costs incurred in training a large number of employees and bringing them to productive levels. Furthermore, the fabric processing unit in Tamil Nadu is in advanced stages of completion, with expectations of trial production in Q4 2024.

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