MULTIBAGGER Series - Stock 1Hello guys!
I am starting a new series this Diwali, where I will post stocks which may achieve multibagger growth. Investing in such companies bring a high risk factor so please do your own analysis before investing.
The first stock is SHREE OSFM E-Mobility Ltd.
SOEML offers employee transportation services to large multinational corporations (MNCs) in India, serving sectors such as IT/ITES, aviation, and more. The company operates with a primarily asset-light model, where services are typically offered through monthly leases, per kilometre rates, per passenger trip, or package models. It has a significant presence across major Indian cities, catering to the transportation needs of various corporate clients.
REVENUE: In FY24, company generated revenue from Vehicle Hire Charges Received,
which was ~43% higher than FY23.
In big cities such types of business are a success due to urbanisation and MNC work culture.
The company has not taken any funding and are expanding with the help of the profits made.
Do some more research and write any important points in the comments section below.
Visit the website and read the financial documents.
Hope you learned something new from my ideas.
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