Multibagger Microcap Stock

 

Multibagger penny stock below Rs 30 : This micro-cap company bags new order worth Rs 47.78cr from sterling & wilson pvt ltd

ULTRACAB

 

Wires & Cables industry growth(15% CAGR till FY27)

India's electrification requirements Opportunity for Ultracab & other players

Wires & Cables industry Industry is expected to grow at the rate of CAGR 15% The rising Indian market reflects the rapid developments in the power and infra sector. Global investors are eying the potential of Indian market

It's noteworthy that emerging nations like India and various African regions, are driving substantial demand. While the wire and cable market sees balanced expansion in commercial and industrial sectors globally, the domestic segment uniquely sets India and Africa apart.

The surge in the telecom sector and government-backed PLI schemes further fuels the expansion of commercial-grade electrical equipment and high-intensity cables manufacturing.

Comprising a substantial 40% share within India's electrical industry, the wires and cable sector is poised to do great in power generation, distribution, and industrial equipments One of the reason why Adani Transmission has been bought heavily in planned drama by Hindenbrg

Industrial Revolution A decade into digitization, industries are now transitioning to digitalization, leaving behind legacy systems From manufacturing processes to products and machinery, everything is embracing technology This smart manufacturing is the next revolution

WHY ULTRACAB? I don't run behind the stocks which are already Multibaggers UltraCab is MicroCap, they have close to 50% size of their market cap as order book Chances of price multiplication are huge being microcap business compared to Havells & Polycab

Ultracab Revenues, profits are on growth trajectory. Debt is negligible & a good thing to expand a business further Efficient business in terms of improving margins compared to other small players. Very established clients like Adani, Reliance, Railways & many more

So looking at the Ultracab chart, considering industry growth, govt push for make in India, Indian electrification requirements, Wire & cable businesses announcing capex, Green energy, Infra sectors announcing Capex, ONE THING IS CLEAR, "This is just a start"

dis;no buy/sell recomendation consulat ur finacial advisior