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Showing posts with the label shaily engineering plastics

From 207 to 17! You might need an archaeologist to find multibagger stocks in FY25

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[hfe_template id='11223'] [ad_1] Investors often chase multibaggers for their potential to multiply wealth rapidly. However, in FY25, finding one was as difficult as unearthing a rare metal. In FY24, 207 stocks (with a market cap over Rs 5,000 crore) delivered multibagger returns. In FY25, that number came down significantly just 17 out of 700-plus stocks. This is a staggering drop, especially for the Indian market, which was known for consistently churning out multibaggers over the years. PG Electroplast, Shakti Pumps, V2 Retail, Shaily Engineering Plastics, JSW Holdings, Sarda Energy and Minerals and Pearl Global Industries are few stocks that beat the market trend and made investors happy. PG Electroplast clocked the highest return of 403% during FY25. This steep drop of multibagger equities indicates a slowdown in the market's overall sentiment, particularly in the mid- to smallcap group, which often produces hefty returns. Is this the worst time to find multibag...

Ashish Kacholia-backed smallcap stock surges 20% in 2 days, hits 52-week high; here's why

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[hfe_template id='11223'] [ad_1] Shares of smallcap firm Zaggle Prepaid Ocean Services, backed by ace investor Ashish Kacholia, surged 20% over the past two trading sessions on the BSE, hitting a 52-week high of Rs 420. The rally followed the company’s announcement of a partnership with HDFC Ergo General Insurance Company. In an exchange filing on Monday, Zaggle stated, "Zaggle Prepaid Ocean Services Limited has entered into an agreement with HDFC Ergo General Insurance Company Limited." Under the agreement, Zaggle will provide the Zaggle Propel reward platform (for channel rewards and recognition) to HDFC Ergo's channel partners. The agreement will remain in effect until August 31, 2025, unless terminated earlier as per the terms outlined. In today’s session, Zaggle shares surged over 14% on the BSE. The stock has also rallied 90% year-to-date. As of June 2024, Kacholia held a 2.4% stake in the company, up from 2.2% in the December quarter and 1.7% in Sept...