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HomeSTOCKSFII Purchased 80,00,000 Shares In This ₹40 Company! 200% Strong Returns In...

FII Purchased 80,00,000 Shares In This ₹40 Company! 200% Strong Returns In 2024

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Stock market trading ended with good momentum in the last trading session. BSE Sensex rose by around 242 points and ended at 7107.

Nifty in the National Stock Exchange closed at 21349, with an increase of about 94 points. A lot of ups and downs were recorded in the functioning of the stock market on Friday.

With the market closing in the green, a multi-bagger stock closed at Rs 39.13 with a rise of 2 percent. The stock’s 52-week high is 54.90 per share, while its 52-week low is 13.2.

The stock has smashed back-to-back higher circuits during a recent session of trading. A jump of more than 1.30 times was seen in the company’s shares on BSE. The name of the stock is Stratmont Industries Limited.

The board has suggested the announcement of 2.5 crore stock shares (Rs 10 per share) worth Rs 25 crore.

Of that, 1.7 crore shares will be allocated to the promoter Vatsal Aggarwal (1.6 crore) and Novapro Global Resources Pvt Ltd (10 lakh).

In addition, FIIs purchased 80,00,000 shares of the issue. the cash will also be utilized to fund the expansion of the business.

Nexpact Ltd bought 25,00,000 shares, Eminence Global Fund PCC purchased 27,50,000 shares, as well AG Dynamic Funds Ltd bought 27,50,000 shares. 

Stratmont Industries Limited, founded in 1984 was an industrial and trading company that specializes in coking coal and coke made from LAM.

They produce metallurgical coal in a variety of specifications to satisfy the requirements of their customers.

Their single manufacturing unit situated in the Kutch district has an output capacity of 36,000 metric tons per annum (MTPA) for LAM coke. ROE of the company’s shares is 33 percent and ROCE is 21 percent.

The stock has delivered multi-bagger returns of more than 200 percent over its 52-week low of 13.20 for shares. Investors should be watching this stock that is a microcap.

About Stratmont Industries Ltd

Stratmont Industries Ltd is an Indian-based business that is engaged with trading in coal steel, coal, LAMC, and other commodities.

The company has regarded the primary focus of Trading in Commodities as the only reportable segment.

Stratmont Industries Limited’s operating revenue is INR 1 cr to 100 cr for the financial year that ends on March 31, 2023. Its EBITDA has grown by 551.11 percent over the previous year.

In the same period, its book net worth has grown by 33.33 percent. Other liquidity and performance ratios are accessible here.

The most recent recorded AGM (Annual General Meeting) of Stratmont Industries Limited, per our records, took place on the 23rd of September, 2023.

Fundamental Analysis of Stratmont Industries Ltd

Market Cap₹ 14.0 Cr.
Current Price₹ 39.9
52-wk High₹ 54.9
52-wk Low₹ 13.2
Stock P/E23.3
Book Value₹ 8.52
Dividend0.00 %
ROCE19.3 %
ROE33.0 %
Face Value₹ 10.0
P/B Value4.68
OPM3.39 %
EPS₹ 1.72
Debt₹ 3.00 Cr.
Debt to Equity1.01

Stratmont Industries Shareholding Pattern

Promoters Holding
Sept 202264.54%
Dec 202264.54%
Mar 202364.54%
June 202364.54%
Sept 202364.54%
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DII Holding
Sept 20220.25%
Dec 20220.25%
Mar 20230.25%
June 20230.25%
Sept 20230.25%
Public Holding
Sept 202235.22%
Dec 202235.21%
Mar 202335.22%
June 202335.22%
Sept 202335.22%

Stratmont Industries Ltd Share: Last 5 Years’ Financial Condition

To gain a better understanding of how the market is performing, let’s look at the outlook of this share in the previous years. 

However, investors should be aware of the risks and the market conditions before making any investment decision.

Last 5 Years’ Sales:

2019₹77.81Cr
2020₹0.44Cr
2021₹0.42 Cr
2022₹34.15Cr
2023₹48.71 Cr
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Last 5 Years’ Net Profit:

2019₹0.08 Cr
2020₹0.03 Cr
2021₹0.01 Cr
2022₹0.53 Cr
2023₹0.60 Cr

Last 10 Years’ Profit Growth:

10 Years:15%
5 Years:52%
3 Years:190%
Current Year:58%

Last 10 years’ Return on Equity (ROE):

10 Years:%
5 Years:17%
3 Years:22%
Last Year:33%
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Last 5 Years’ Debt-To-Equity Ratio:

20191.54
20201.49
20211.37
20220.4
20232.6

Conclusion

This article is a complete guide about Stratmont Industries Ltd Share.

These information and forecasts are based on our analysis, research, company fundamentals and history, experiences, and various technical analyses. 

Also, We have talked in detail about the share’s future prospects and growth potential.

Hopefully, these informations will help you for your further investment. 

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If you have any further queries, please comment below. We will be happy to answer all your questions. 

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Also Read: 20% Upper Circuit Hit After Anti-climate Infrastructure Project! ₹720 Target

Disclaimer: Dear readers, we’d like to inform you that we are not authorized by SEBI (Securities and Exchange Board of India). The information on this site is only for informational and educational purposes and shouldn’t be considered financial advice or stock recommendations. Also, the share price predictions are completely for reference purposes. The price predictions will only be valid when there are positive signs on the market. Any uncertainty about the company’s future or the current state of the market will not be considered in this study. We are not responsible for any financial loss you might incur through the information on this site. We are here to provide timely updates about the stock market and financial products to help you make better investment choices. Do your own research before any investment.

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