The Electric Vehicle Revolution is in full swing, and everyone’s talking about it, be it in the stock market or real-life EV craziness.
Amidst this, there are some sectors that are thriving and making their investors millionaires. But hold on, there’s a hidden gem in the EV sector that nobody seems to notice. It’s not directly related to EVs, but indirectly connected, and could be your ticket to financial success.
EV Stock Name
So, let’s end your patience! The name of this game-changer EV Stock is Himadri Speciality Chemical Ltd. This company powers the EV sector by manufacturing carbon materials and chemicals. It’s not just any ordinary player; it’s the number one col pitch manufacturer in the country, boasting a market cap of around 6045 crores.
Himadri Speciality Chemical Ltd. Financials
| Metric | Value |
|---|---|
| Market Cap | ₹ 6,045 Cr. |
| Current Price | ₹ 138 |
| High | ₹ 149 |
| Low | ₹ 80.1 |
| Stock P/E | 20.9 |
| Book Value | ₹ 50.3 |
| Dividend Yield | 0.18% |
| ROCE | 13.7% |
| ROE | 11.8% |
| Face Value | ₹ 1.00 |
| Profit after tax | ₹ 289 Cr. |
| ROE 3Yr | 6.09% |
| Return on equity | 11.8% |
| Promoter holding | 45.0% |
| EVEBITDA | 12.6 |
| Profit growth | 260% |
| Industry PE | 27.1 |
| Return over 3years | 46.3% |
| Profit Var 3Yrs | 5.03% |
| Debt | ₹ 842 Cr. |
| Debt to equity | 0.39 |
Himadri Speciality Chemical Ltd. CMP
Currently, its share price hovers around ₹138, and its profit growth is an impressive 260 percent!
With a return on equity of over 11 percent, the company’s financials are rock-solid, making the chances of failure quite slim.
Institutional investors are also increasing their holdings, showing their trust in the company’s strong fundamentals. All in all, Himadri Speciality Chemical is primed to make big waves in the future.
Conclusion
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