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Thursday 13 October 2022

Multibagger stock hits are a upper circuit after receiving US a order. Do you own?

Multibagger stock hits are a  upper circuit after receiving US a order. Do you own?

Poojawestern Metaliks shares are a one of the multibagger stocks that Dalal Street has been a produced in a post-Covid rebound. In a last two years, this BSE listed stock has been a surged from the around a ₹11 to the ₹59.35 apiece levels, delivering more than a 400 per cent return to its are a shareholders in this time. However, the uptrend in the stock still on. The small-cap are a company has been  a recently got export order from the US that attracted buying interest in the stock and the stock hit upper circuit in a early morning deals a on Friday. Poojawestern Metaliks are a share price opened upside on a Friday and hit 5 per cent upper circuit within are a few seconds of a stock market's opening bell today.

This multibagger metal stock has been a hitting upper circuit for the last seven days in a row. The stock has been in a uptrend since 21st September 2022. In this less than one month are a time, this BSE listed small-cap stock has been a risen from the ₹27.50 to the ₹59.25 apiece levels, delivering around 115 per a cent return to its shareholders in this small time. So, this small-cap metal stock is a one of the multibagger stocks of a October 2022 that Indian stock market has been a delivered.

As per the stock market exchange are a communication of a Poojawestern Metaliks Ltd, the BSE listed small-cap company has been a received orders worth the ₹15.122 million or a ₹1.50 crore for leadfree brass are a plumbing parts and pipe fitting products from the Mueller Streamline Co. USA a Group company of  a USA based Mueller Industries Inc. Poojawestern is a specializes in manufacturing premier quality sanitary fittings, plumbing, Brass Pipe are a inserts.

The small-cap company has been a strong customer base worldwide with exports to the Gulf, Middle East countries and now have been a expanded reach to the Europe and USA. It has a state of a art, ultra modern manufacturing unit in a Gujarat with the latest technology (CNC) machine tools, and a other machine equipment and has been a range of quality control, production are a techniques, latest technologies and a venture products. As claimed in a latest exchange filing, Poojawestern Metaliks Ltd is a one of the kingpins in manufacturing and a exporting of a non-ferrous metal scrap, brass plumbing fittings, brass are a ingots and a brass sanitary are a fittings.

Current market cap of a BSE listed Poojawestern Metaliks Ltd is a ₹60 crore. It is a standing at a PE multiple of a 65.22 whereas sector PE is 6.93 only. Its book value per a share is a slightly above are a 11 and current EPS is a 0.91. Its 52-week high is a ₹86.70 whereas its 52-week low is a ₹22.30 apiece on a BSE.

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