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Rs 218 crore project: This micro-cap company is expanding its business with trial production ahead of schedule!
Rs 218 crore project: This micro-cap company is expanding its business with trial production ahead of schedule!

Rs 218 crore project: This micro-cap company is expanding its business with trial production ahead of schedule!

The stock has a PE of 10.30x whereas the industry PE is 28x and generated multibagger returns of 495 per cent in just 3 years.

Kiran Shroff Article rating: 4.2

On Thursday, shares of Lagnam Spintex plunged 0.56 per cent to Rs 56.60 per share with an intraday high of Rs 58 and an intraday low of Rs 55.85. Talking about finances, Lagnam Spintex has a market cap of Rs 101 crore. The company has reported positive numbers in its quarterly results and annual results.

 

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