Vijay Kedia’s portfolio gains Rs 4,07,45,250 in just 1 day from this multibagger textile stock; Jumps 12.8% with 37 times spurt in volume!
DSIJ Intelligence-1 / 08 Jul 2025/ Categories: Multibaggers, Trending
The stock is up by 70 per cent from its 52-week low of Rs 464.95 per share and has given multibagger returns of 496 per cent in 5 years.
On Tuesday, shares of multibagger textile company jumped 12.8 per cent to Rs 788.95 per share from its previous closing of Rs 699.40 per share. The stock’s 52-week high is Rs 1,175 per share and its 52-week low is Rs 464.95 per share. The shares of the company saw a spurt in volume by more than 37 times on the BSE.
As of March 2025, an ace investor, Vijay Kedia, owns 4,55,000 shares or a 1 per cent stake in the company. In just 1 day, his portfolio gains Rs 4,07,45,250 from this multibagger textile stock (4,55,000 shares x Rs 89.55 per share gain today).
CRISIL Ratings has reaffirmed the company’s ratings: 'CRISIL AA-/Stable' for long-term facilities (Rs 227.69 crore total bank loans) and 'CRISIL A1+' for short-term facilities and commercial paper. This reaffirms SSML's strong financial and liquidity profiles, supported by its established brand, asset-light model, and healthy cash accruals (Rs 200 crore in FY25). While the issuance of bonus cumulative non-convertible redeemable preference shares (CNCRPS) totalling Rs 318 crore will slightly increase debt, the company is expected to maintain sufficient liquidity to manage these obligations. The ratings also acknowledge challenges like volatile raw material prices and market competition.
The buzzing stock name is Siyaram Silk Mills Ltd
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About the Company
Siyaram Silk Mills Limited, established in 1978 and headquartered in Mumbai, India, is a prominent player in the Indian textile industry. Renowned for its high-quality fabrics and apparel, the company offers a diverse range of products made from various blends, including poly viscose, cotton, wool, linen, bamboo, and stretch. Through its extensive distribution network, Siyaram's brands have gained popularity among the Indian population, providing them with access to affordable yet stylish fashion options. With its strong manufacturing and retailing capabilities, Siyaram has become a trusted name in the Indian textile market.
The company has a market cap of over Rs 3,400 crore. The shares of the company have a PE ratio of 18 whereas the industry PE ratio is 26 with an ROE of 16 per cent and an ROCE of 20 per cent. The stock is up by 70 per cent from its 52-week low of Rs 464.95 per share and has given multibagger returns of 496 per cent in 5 years.
Disclaimer: The article is for informational purposes only and not investment advice.