600% Returns in 4 Months! This Nano-cap Valve Stock was listed on Sep 2023 and Bullish since Listing

This stock has given excellent returns to its investors. Whether they have invested in it at the time of IPO or after listing, both types of investors have earned very good profits from this stock.

The company’s IPO (SME) came in September 2023 and was issued at a price of ₹102 and was listed at ₹203.45. At present, when we are writing this post, the price of one share is hovering around ₹743.

That means investors who got 1 lot (1200 stocks) of it in IPO got a huge return of 628.43% and those who invested in it after listing got a return of 265.20% in just 4 months.

PeriodGrowthReturns on 1 Lot
valve stock
Meson Valve Stock

About the Company

Meson Valves is a supplier of valves, strainers, actuators, and remote-control valve systems to domestic and international markets.

Meson Valves is engaged in the business of buying, selling, distributing, importing, exporting, and dealing in products such valves, actuators, control cabinets, remote control systems, tanks, piping, pumps, fittings, flanges, and measurement devices as well as provides installation and maintenance service for this products.

Market Cap₹719 Cr.
Current Price₹743
High / Low₹766 / 194
Stock P/E159
Industry PE52.4
Face Value10
ROCE32.8 %
ROE39.7 %
Debt₹11.5 Cr.
Debt to equity0.22
Reserves₹42.3 Cr.
Cash Equivalents₹13.4 Cr.
Inventory₹8.70 Cr.
Current liabilities₹26.1 Cr.
Current assets₹59.8 Cr.

Meson Valves Last 3 years Profit & Loss

Figures in Rs. Crores

Profit & LossMar 2021Mar 2022Mar 2023
Operating Profit0.613.757.01
OPM %3.98%27%19.13%
Other Income0.10.220.54
Net Profit0.122.134.52

Shareholding Pattern

Shareholding PatternSep 2023
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