Nahar Polyfilms Share, this bse smallcap plastic product company delivered over 150 percent returns in two years – this bse smallcap plastic product company delivered over 150 percent returns

Mumbai – Shares of Nahar Polyfilms Limited on February 16, 2021 at Rs. 90.35 on February 14, 2023 to Rs. reached 229.60. They have jumped more than 150% in the last two years. The company is an important share in the S&P BSE Smallcap Index. In the last two years, this company stock has given multibagger returns to the investors. In comparison, the S&P BSE Smallcap index has returned 45% in the last two years.

On a consolidated basis, the company’s net revenue grew by 53.8% year-on-year to Rs. 159.60 crores. However, the company incurred a loss of Rs 0.85 crore due to a huge increase in expenses. The company is currently trading at a TTM PE of 7.9 times compared to its respective industry sector PE of 23.8 times. The company has achieved ROCE and ROE of 14% and 12% respectively in FY 2021-22. This share is a constituent of A shares and has a market capitalization of Rs. 553.60 crores.

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Company shares traded on Wednesday at Rs. Started with 232. Rs. 232.65 and Rs. He reached a high and a low of 222 respectively. The last 52-week high and low of the company’s stock on the Mumbai Stock Exchange is Rs 601 and Rs 211 respectively.

Nahar Poly Films Limited is a subsidiary of the Nahar Group. The company is engaged in the business of manufacturing and selling BOPP films, metallized and unmetallized sealable and non-sealable films. The company ventured into Bi-Axially Oriented Polypropylene Film (BOPP Films) manufacturing sector. BOPP film is mainly used in flexible packaging and is sold in domestic and international markets.
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