Debt-free multibagger stocks to pay 300% dividend, analysts see new high ahead
With a market valuation of ₹28,417.18 crores, Supreme Industries Ltd (SIL). is a large-cap industrial company. With seven business divisions, Supreme Industries Limited is the leading plastic processing company in India. The company has ventured into a variety of plastic processing techniques including extrusion, rotational molding (ROTO), compression molding, blow molding and injection molding. In the plastics industry in India, Supreme is widely recognized as a pioneer. The nation’s largest plastics processors efficiently process quantities of over 3,50,000 tons of polymers per year. Supreme Industries is a debt-free company, according to statistics from Value Research, but the icing on the cake is that it will soon pay a 300% dividend.