100% return stock :Maithan Alloys

 Hi Friends , Today I have found multibagger stock which is a small cap stock . As you all know now small and midcaps stocks are booming after certain period of time . 

so this stock name is : Maithan Alloys 

Maithan Alloys is engaged in the business of manufacturing and exporting of all three bulk Ferro alloys- Ferro Manganese, Silico Manganese and Ferro Silicon. It is also engaged in the generation and supply of Wind Power and has a Captive Power Plant.

This company mine below products  : 

and plus point in this company is : Increasing Production Capacity over the years - The company’s production has grown by 16% CAGR since 2007. It has set up two additional plants in Meghalaya and Vishakhapatnam and started its export business. It successfully delivered its first bulk vessel of 6000 tonnes to Qatar recently.

Now  we talk about fundamentals : 

Market Cap₹ 3,106 Cr

Mar Cap 3yrs back 2,289Cr

Current Price₹ 1,067

Book Value₹ 523

ROCE  20.9 %

ROE  16.4 %

Debt to equity 0.03%

Exp Qtr EPS₹ 13.6

Price to Cash Flow 26.6Cr

Technical Analysis : 

As per chart , it is forming rounding bottom pattern and I think it may touch 1600 to 1700 . 

SL : 940 

Note : * this is not my investment advice .