Shree Rayalaseema High-Strength Hypo Ltd. is a small cap company in chemical industry with a market cap of 1,116.83 crores. The company is engaged in the production of Sodium Dichloroisocyanurate – SDIC and is also a major producer of Monochloro Acetic Acid. The company claims that monochloro acetic acid is used by all major manufacturers of non-steroidal anti-inflammatory drugs, other pharmaceuticals, pesticides, organic chemicals, etc. The company’s product range includes Sulfuric Acid, Chlorosulfonic Acid, Chloramine, Purichlor, Oleum, Hydrochloric Acid. , monochloro acetic acid, sodium dichloroisocyanurate – SDIC, hydrogen gas, aluminum sulfate, stabilized bleaching powder, sodium hydride, sodium methoxide powder, sodium methoxide solution and water treatment chemicals. Shree Rayalaseema High-Strength Hypo is one of the multibagger stocks that has invested in from 1 lakh 33 lakhs in 15 years based on the stock’s return of 3,223.86%.
Shree Rayalaseema High-Strength Hypo Share Price History
out of stock 19.70 to the current price level as on May 11, 2007 654.80 as on 29th July, 3:30 PM IST which indicates an all-time multibagger return of 3,223.86%, hence the investment of 1 lakh made in this stock 15 years ago would have become now 33.23 lakhs. Over the past 5 years, the share price has climbed from 131 up to the current price level as on 4th Aug 2017 which entails a multibagger return of 399.85%, hence the investment of 1 lakh made 5 years ago would have now become 5 lakh approx.
In the past 1 year, the share price has increased by 344.70 at present price as on 2nd August 2021 which registers a return of 89.96%, so the investment of 1 lakh would have turned into now 1 lakh 90 thousand. On YTD basis, the share price has climbed from 340.95 by 3rd January 2022 to the current level which logs a return of 92.05% so far in 2022, hence the investment of 1 lakh in this stock at the beginning of the year, now it becomes 1 lakh 92 thousand approx. The stock has given a return of 95.96% in the last 6 months and 57.86% in the last 1 month. The stock has gained 14.08% in the last 5 trading sessions and had closed on the stock on Friday 654.80 each, up 14.95% from previous close 569.65.
Key Facts of Sri Rayalaseema High-Strength Hypo
On 29 July 2022, the stock sold . made a 52-week high of 52-week low of 669.00 and was touched on NSE 274.00 on 24 August 2021, which means the stock is trading up 138% from its 52-week low at the current market price. The trading volume on the NSE on Friday stood at 3,71,964 shares, as against the 20-day average of 93,304 shares. The key strength of Shree Rayalaseema Hi-Strength Hypo is that it is one of the companies with high TTM EPS growth 21.75 crores for the month of March 2022, the highest since June 2019. As per the data available on NSE, the total income of the company for the quarter ended March 31, 2022 was 42,086.86 crore, Profit Before Tax (PBT) was 4,380.69 crore and net profit for the quarter was 3,732.85 crore is the highest after last 4 years.
The company has delivered decent profit growth of over 37% CAGR over the last 5 years. The promoter shareholding of the company is 62.09% and the public shareholding is 37.72% for the quarter of June 2022. Shares of Shree Rayalaseema High-Strength Hypo is trading at a low P/E of 10.89 which makes it undervalued as compared to its peers. Such as Deepak Nitrite, Pidilite Ind, SRF, Gujarat Fluoro, Aarti Industries, Linde India and Solar Industries. Among the peers mentioned here, the shares of Shree Rayalaseema High-Strength Hypo are also trading at a low EV/EBITDA of 6.48, which also makes it a potentially undervalued stock. The company appears to be doing well financially as it has a lower equity ratio of 0.05 than its counterparts.
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