Manorama Industries Achieves All-Time High Stock Price Amid Strong Growth Metrics

Manorama Industries, a midcap player in the solvent extraction industry, has made headlines today as its stock price reached an all-time high. The stock opened with a notable gain of 3.84% and touched an intraday high of Rs 1490, reflecting a robust performance of 7.93% for the day, significantly outperforming the Sensex, which saw a mere 0.08% increase.
The company has demonstrated impressive growth metrics, with net sales soaring at an annual rate of 39.66% and operating profit increasing by 58.58%. In its latest quarterly results, Manorama Industries reported a net sales figure of Rs 232.81 crore and an operating profit margin of 27.45%, showcasing its operational efficiency.

Institutional investors have shown increasing confidence, raising their stake by 0.71% in the last quarter, now holding 7.95% of the company. Over the past year, Manorama Industries has delivered a remarkable 168.68% return, consistently outperforming the BSE 500 index. With a high return on capital employed (ROCE) of 15.26%, the company is well-positioned in its sector, reflecting strong management efficiency and a commitment to long-term growth.