PujaWestern Metallics shares are one of the multibagger stocks that Dalal Street has produced in the post-Covid rally. In the last two years, this stock listed on BSE has grown by almost from 11 59.35 At each level, it currently provides more than 400 percent return to its shareholders. However, the stock continues to rally. The small-cap company recently received an export order from the US, which attracted buying interest in the stock and the stock hit the upper circuit in Friday morning deals. The stock of PoojaWestern Metaliks opened with a bullish momentum on Friday and reached the upper circuit of 5 percent within a few seconds of the opening of the stock market today.
This multibagger metal stock has been hitting the upper circuit continuously for the last seven days. The stock is in an uptrend since 21st September 2022. In this less than a month, BSE listed small-cap stocks have rallied above. from 27.50 59.25 at each level, provides approximately 115 per cent return to its shareholders in this short period of time. So, this small-cap metal stock is one of the October 2022 multibagger stocks given by the Indian stock market.
According to Share Market Exchange Communication of PoojaWestern Metallics Ltd, a small-cap company listed on the BSE, has received orders 15.122 million or 1.50 cr for Leadfree Brass Plumbing Parts and Pipe Fitting products from Muller Streamline Company USA. PoojaWestern, a group company of USA based Mueller Industries Inc. specializes in the manufacturing of leading quality Sanitary Fittings, Plumbing, Brass Pipe Inserts.
The small-cap company has a strong client base across the globe with exports to Gulf, Middle East countries and now reaches Europe and USA. It has state-of-the-art, ultra modern manufacturing unit in Gujarat with latest technology (CNC) machine tools and other machine tools and has quality control, production technology, latest technologies and a range of enterprise products. As claimed in the latest exchange filing, PoojaWestern Metallics Ltd. is one of the kingpins in manufacturing and exporting non-ferrous metal scrap, brass plumbing fittings, brass ingots and brass sanitary fittings.
The current market capitalization of PoojaWestern Metallics Limited listed on BSE is 60 crores. It stands at a PE multiplier of 65.22 while the sector PE is only 6.93. Its book value per share is slightly above 11 and the current EPS is 0.91. It has a 52 week high 86.70 while its 52-week low is . Is 22.30 each on BSE.
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