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We were given the task of finding out the recent happenings of the company with regard to its massive outperformance. Xpro is the latest multibagger with its stock price moving up more than 600 per cent in the past few quarters.
Scuttlebutt has been our holy grail while analysing microcaps and this time too, we resorted to an interaction with our go-to guy Srinath.
Here is the essence of the discussion: -
Xpro India is a Birla group company, which is into packaging material for capacitors and liners for refrigerators. At present, it is the only company to manufacture packaging material for capacitors in India, and there is no competitor as the business is capital-intensive.