A comment by @hitesh2710 A Brief summary of the Micro/Small/Midcap Carnage - #199 by hitesh2710 drew my attention to Multibase. What is interesting is it doesn’t require much capex for churning out significant cash flow. It is an MNC working in a niche area of thermoelastomeres. It was beaten down recently due to the rise in crude price and rupee devaluation. Now that the rupee is appreciating and crude price is falling will help Multibase margins. Outlook for it’s products are good especially safety concerns for passenger cars(air bags) need for alternative products for plastics and rubber in industrial applications is very robust.
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