Latest news with #Multibagger
Mint
26-06-2025
- Business
- Mint
Anand Rathi sees 40% rally in multibagger healthcare stock despite 600% rise in five years
Stock Market Today: Anand Rathi sees a 40% rally in a Multibagger healthcare stock. This is despite a 600% rise in five years in the Indraprastha Medical Corporation Ltd. share price. Check details Anand Rathi remains positive on the Multibagger healthcare stock Indraprastha Medical Corporation, maintaining it as a top pick, and expects about 40% upside to the target price of ₹ 590. The Indraprastha Medical Corporation share price has risen more than 69% in a year. while it has grown almost 4-fold in the last two years. The Indraprastha Medical Corporation share price is up almost 613% in the last 5 years and has given Multibagger returns to the investors. The primary re-rating trigger, as per Anand Rathi Research, is the Delhi government's stake sale expectation in the company As per Anand Rathi, referring to their interaction with the management, they say that it was revealed that the promoters are negotiating to purchase all or a portion of the Delhi government's 26% stake, which they currently hold. Although the timeline is uncertain, as per Anand Rathi Research, they think that if the deal proceeds, it will create more room for expansion in both emerging and existing regions, including the NCR. Indraprastha is expanding its bed capacity from the present 802 beds. The expansions at its current location in Sarita Vihar (Delhi) are in accordance with the industry's expansion of bed capacity, with 350 beds anticipated to be added by mid-CY28. The projected cost of this is ₹ 580 crore. About 40% of the project's cost is anticipated to be spent in FY26, with the remaining amount falling in FY27 and FY28. Because the corporation is spending about Rs1.8 billion to create two underground floors for parking (about 1,300 automobiles and 350+ two-wheelers), the cost per bed is greater for this site. The goal is to increase the number of beds to approximately 1,800 at one location, which would likely be the largest number of beds at one location. Anand Rathi research says that, further, with the new government coming in, Delhi should augur well for the company as it can expedite the Delhi government's stake sale to the promoters (can be an option value). They have broadly maintained their estimates for FY26 and FY27. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies and not of Mint. We advise investors to check with certified experts before making any investment decisions.
Mint
24-06-2025
- Business
- Mint
300% rally in five years! Multibagger metal stock declares record date for dividend payment
Stock Market Today: After a 300% rally in five years, this Multibagger metal stock has declared a record date for dividend payment. Check details about Ratnamani Metals & Tubes Ltd Ratnamani Metals & Tubes intimated the exchanges on Tuesday, 24 June 2025, the record date for the purpose of the 41st Annual General Meeting of the Company and to determine the eligibility of the members of the Company for e-voting and the payment of dividends. As per the release by Ratnamani Metals & Tubes on the National Stock Exchange of India and the BSE Ltd., or the Bombay Stock Exchange, the record date for the purpose of the 41st Annual General Meeting on Tuesday, September 9, 2025, e-voting, and payment of dividend, if declared, at the AGM, stands on Tuesday, September 2, 2025. At its May 16, 2025, meeting, Ratnamani Metals & Tube's board of directors proposed paying shareholders a dividend of Rs. 14.00 per equity share, with a face value of Rs. 2.00 each, for the fiscal year that concluded on March 31, 2025. In light of the T+1 settlement method, the record date suggests that investors who want to benefit from Ratnamani Metals & Tube dividend announcements "should have purchased shares at least one day prior to the record date in order for their names to appear on the list of eligible shareholders to receive dividends." Ratnamani Metals & Tube share price movement Ratnamani Metals & Tube share price opened at ₹ 2786.70 on the BSE on Tuesday. At the time of opening, the Ratnamani Metals & Tube share price was slightly lower than the previous day's closing price of ₹ 2810.30. The Ratnamani Metals & Tube share price thereafter gained to intraday highs of ₹ 2817. The Ratnamani Metals & Tube share price, which has risen close to 300% in the last 5 years, has given Multibagger returns to the investors. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
Mint
19-06-2025
- Business
- Mint
Multibagger small-cap stock declares issue price for ₹69.30 crore fundraise via issuance of warrants
Stock Market Today: Multibagger small-cap stock declares issue price for ₹ 69.30 crore fundraise via issuance of warrants. Check details about Kellton Tech Solutions Limited Multibagger small-cap stock Kellton Tech Solutions, announcing the outcome of the board meeting on the exchanges on 18 June, gave the issue price details for the ₹ 69.30 crore fundraise via issuance of warrants. Kellton Tech Solutions, in its release on the National Stock Exchange of India and the BSE, or the Bombay Stock Exchange, said that the issue price for the ₹ 69.30 crore fundraise via issuance of warrants stood at ₹ 126. The board of directors of Kellton Tech Solutions on 11 June 2025 had considered and approved raising funds through the issue and allotment of up to 5,500,000 (fifty-five lakhs) warrants. The issued funds will be convertible into 1 (one) equity share of face value of ₹ 05/- (rupees five only) each. The approved raising of funds through the issue and allotment of warrants by Kellton Tech Solutions is to certain promoter and non-promoter investors on a preferential basis. The fundraising through warrants is at an issue price of ₹ 126/- (Rupees One Hundred Twenty-Six Only), including a premium of ₹ 121/- (Rupees One Hundred Twenty-One) per warrant, clarified Kellton Tech Solutions on 18 June 2025, through its release. The fundraiser will be aggregating up to maximum amount of ₹ 69,30,00,000/- (Rupees Sixty-Nine Crore Thirty Lakh only), subject to the approval of regulatory and statutory authorities and the Members of the Company at the ensuing Extraordinary General Meeting. Multibagger small-cap stock Kellton Tech Solutions Ltd. also announced the recommendation by its board for a stock split in the ratio of 1:5, following a board meeting held on June 14, 2025. The sub-division will split each fully paid-up equity share with a face value of ₹ 5 into 5 equity shares with a face value of ₹ 1. The same will be taken up at the AGM, and an ordinary resolution is to be passed at the upcoming Extraordinary General Meeting (EGM) to change the company's share capital by dividing each existing equity share with a face value of ₹ 5/- (Rupees Five only) each, fully paid-up, into 5 (Five) equity shares with a face value of ₹ 1/- (Rupee One only) each, fully paid-up, as has been considered, approved, and recommended to the shareholders.
Mint
19-06-2025
- Business
- Mint
Multibagger small-cap stock declares issue price for ₹69.30 crore fundraise via issuance of warrants
Stock Market Today: Multibagger small-cap stock declares issue price for ₹ 69.30 crore fundraise via issuance of warrants. Check details about Kellton Tech Solutions Limited Multibagger small-cap stock Kellton Tech Solutions, announcing the outcome of the board meeting on the exchanges on 18 June, gave the issue price details for the ₹ 69.30 crore fundraise via issuance of warrants. Kellton Tech Solutions, in its release on the National Stock Exchange of India and the BSE, or the Bombay Stock Exchange, said that the issue price for the ₹ 69.30 crore fundraise via issuance of warrants stood at ₹ 126. The board of directors of Kellton Tech Solutions on 11 June 2025 had considered and approved raising funds through the issue and allotment of up to 5,500,000 (fifty-five lakhs) warrants. The issued funds will be convertible into 1 (one) equity share of face value of ₹ 05/- (rupees five only) each. The approved raising of funds through the issue and allotment of warrants by Kellton Tech Solutions is to certain promoter and non-promoter investors on a preferential basis. The fundraising through warrants is at an issue price of ₹ 126/- (Rupees One Hundred Twenty-Six Only), including a premium of ₹ 121/- (Rupees One Hundred Twenty-One) per warrant, clarified Kellton Tech Solutions on 18 June 2025, through its release. The fundraiser will be aggregating up to maximum amount of ₹ 69,30,00,000/- (Rupees Sixty-Nine Crore Thirty Lakh only), subject to the approval of regulatory and statutory authorities and the Members of the Company at the ensuing Extraordinary General Meeting. Multibagger small-cap stock Kellton Tech Solutions Ltd. also announced the recommendation by its board for a stock split in the ratio of 1:5, following a board meeting held on June 14, 2025. The sub-division will split each fully paid-up equity share with a face value of ₹ 5 into 5 equity shares with a face value of ₹ 1. The same will be taken up at the AGM, and an ordinary resolution is to be passed at the upcoming Extraordinary General Meeting (EGM) to change the company's share capital by dividing each existing equity share with a face value of ₹ 5/- (Rupees Five only) each, fully paid-up, into 5 (Five) equity shares with a face value of ₹ 1/- (Rupee One only) each, fully paid-up, as has been considered, approved, and recommended to the shareholders. Disclaimer: This story is for educational purposes only. The views and recommendations made above are those of individual analysts or broking companies and not of Mint. We advise investors to check with certified experts before making any investment decisions.
Mint
17-06-2025
- Business
- Mint
525% rally in five years! Small-cap multibagger stock hits 20% upper circuit despite sell-off in Indian stock market
Stock Market Today: Having seen a 525% rally in five years, this small-cap Multibagger stock gained 20% to hit the upper circuit on Tuesday, despite the sell-off in the Indian stock market. The RAMINFO Ltd. announced having bagged fresh orders. Raminfo Ltd., the small-cap Multibagger stock on Tuesday, 17 June 2025, announced the order wins on the exchanges. Through its media release on the BSE, or the Bombay Stock Exchange, Raminfo Ltd. intimated about the bagging of a ₹ 474 crore order for installing a rooftop solar project. As per Raminfo Ltd.'s press release, it has bagged an order worth ₹ 474 crore from Rajasthan Renewable Energy Corporation Limited (RRECL) through a consortium led by the company. Under the Hybrid Annuity Mode (HAM), the scope of the order covers the design, supply, erection, testing, commissioning, and comprehensive operation and maintenance (O&M) for 25 years of rooftop solar (RTS) photovoltaic power projects that will be installed on state government buildings and its undertakings throughout Rajasthan. These projects will have a combined capacity of 73 MW, as per Raminfo Ltd. L. Srinath Reddy, Managing Director of Raminfo Limited, in a statement, said that 'Raminfo Limited will hold a 51% stake in this project through its SPV Raminfo Green Energy Private Limited, which will execute the project with a total capacity of 73 MW. On May 5, 2025, Raminfo entered the energy business by establishing Raminfo Green Energy Private Limited, a subsidiary that operates in the gas, electricity, steam, and air conditioning supply sector. It seeks to use solar energy to build a sustainable future. Small-cap Multibagger stock Raminfo share price opened at ₹ 76.80 levels on the BSE on Tuesday. At the time of opening, the Raminfo share price was slightly lower compared to the previous day's closing price of ₹ 76.80. The Raminfo share price thereafter gained further to intraday highs of ₹ 92.66, translation gains of almost 20% during the intraday trades on Tuesday. This intraday high level was also the upper pricing band. And hence the Raminfo share price was locked in the 20% upper circuit. RamInfo share price having risen close to 525% in five years has given Multibagger returns to the investors. Disclaimer: This story is for educational purposes only. The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
