Multibagger tracker: How Rs 10,000 investment in this BSE500 stock turned into Rs 5 lakh in just 10 years

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Key Points

Balaji Amines, a BSE500 company with a market capitalization of about Rs 7,100 crore, is engaged in the business of manufacturing methylamines, ethylamines, and derivatives of specialty chemicals and natural products..

It supplies products to pharma and pesticide companies in India and across the world..

According to the latest shareholding pattern available with the exchanges, promoters own majority of the stake at 53.70%, while the rest of 46.30% lies with the public shareholders...

If it is able to sustain above Rs 2,120, it can touch it's 200 DEMA (double exponential moving average), which lies at Rs 2,468," said Vaibhav Kaushik, Research Analyst, GCL Broking..

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