This interior decor small-cap stock with sound fundamentals jumped over 80 per cent in September! Do you own it?

Rohit Kale
/ Categories: Trending, Mindshare
This interior decor small-cap stock with sound fundamentals jumped over 80 per cent in September! Do you own it?

The stock has now jumped over 80 per cent in the month of September, making it one of the best-performing small-cap stocks of September!  

The bulls cheered post-RBI meeting as the broader indices witnessed a good short-covering rally. Besides, strong buying was also seen across the Mid-Cap and Small-Cap stocks. Stocks with strong growth potential are available at low prices and value-buying has emerged in some stocks.  

Meanwhile, the shares of Airo Lam Ltd (NSE: AIROLAM) have soared nearly 9 per cent on Friday amid strong buying interest from HNI investors. With this, it has hit a fresh 52-week high level of Rs 125.15 on NSE and also, registered a strong price volume breakout. The stock has now jumped over 80 per cent in the month of September, making it one of the best-performing small-cap stocks of September!   

Airo Lam is a Rs 185 crore market capitalisation company, engaged in manufacturing high-quality decorative laminates for residential and commercial applications, following top-notch quality standards. The company has posted rising revenue and net profit for the past three consecutive financial years. Also, the operating margins have seen a good jump recently. The lamination and interior decor sectors are expected to boom in the times to come, given improving lifestyle conditions across top-tier cities in India. Overall, the company has reported sound fundamentals and strong growth expectations.   

Currently, the shares of AIROLAM are trading at Rs 123 level on NSE. Long-term investors can include this stock on their watchlist to track its further progress!

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