Mukul Agrawal purchased 5,00,000 shares of this Electrodes & Refractories company; Stock jumps & hit 52-week high on July 07
DSIJ Intelligence-1 / 07 Jul 2025/ Categories: Mindshare, Trending
The stock is up by 57.2 per cent from its 52-week low of Rs 219.45 per share.
On Monday, as the Dalal Street stock market experienced mixed trading, one notable exception emerged from the industrial sector on the NSE: an Electrodes & Refractories company. Its shares saw a significant jump of 11.43 per cent, climbing to Rs 345 per share from its previous closing price of Rs 309.60 per share.
Below, revealing the stock name, let's see why the stock is trending: -
As of June 2025, ace investor Mukul Agrawal acquired a new stake in the company, purchasing 5,00,000 shares, which represents a 2.30 per cent ownership, according to NSE shareholding data.
About the Company
incorporated in 2018, is a manufacturer and supplier of pre-mixed, high-quality ramming mass. This specialised material serves as a heat insulation and lining refractory consumable primarily for induction furnaces in iron, steel, and foundry plants. The company occasionally engages in trading activities to fulfil urgent customer demands. It is notably certified with several ISO standards, including ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018, among others, demonstrating its commitment to quality and operational excellence.
The company offers a diverse product portfolio, specialising in various grades of ramming mass like SGB-777, SLM-999, and Quartzite Grain SLM-980, tailored for different furnace sizes and types. Their manufacturing facility, located in Purulia, West Bengal, boasts an aggregate capacity of 1.32 Lac MTPA and spans 3.50 acres. In the fiscal year 2025, the facility's actual production reached 1.2 Lac MT, indicating a capacity utilisation of approximately 90.74 per cent. Monolithisch India Ltd has also acquired additional land for future expansion.
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In FY25, the company reported net sales of Rs 97 crore and net profit of Rs 14 crore. The company has a market cap of Rs 736 crore and has delivered good profit growth of 114 per cent CAGR over the last 5 years. The stock is up by 57.2 per cent from its 52-week low of Rs 219.45 per share. The shares of the company have a PE of 52x, an ROE of 53 per cent and an ROCE of 61 per cent.
The buzzing stock name is Monolithisch India Ltd.
Disclaimer: The article is for informational purposes only and not investment advice.