At least 37 BSE-listed Indian companies have maintained their EBITDA margin over 15% in every quarter of FY23 and have seen their stock prices rise by over 50% in the past year, revealing eight small-cap multibaggers. These include Mold-Tek Technologies, with steady growth and operating margin expansion; Elecon Engineering Company, with a 25% ROCE and better earnings quality; and Nitta Gelatin India, boasting a global presence and relatively low valuation. The screener avoided financial stocks and firms with market caps under INR500 crore.
Stove Kraft, TTK Prestige shares plunge up to 5% despite LPG supply squeeze fears from Israel-Iran war. Here’s why
Cooking appliance stocks saw a dip as investors cashed in on recent gains. This occurred even as sales of induction cooktops and electric kettles surged