For some time now, it has been a bad scene at the stock market. In times like this, small and medium sized companies have a tendency to suffer the most. Five companies have survived these slides and have surged ahead even in adverse times. They feature on the top of a list of fastest growing small companies that could turn into future giants.
The parameters considered for such qualifications were the debt equity ratio as the main gauge of leverage. Another criteria used was the return on capital employed.
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Ester Industries - They make polyester film and specialize in mobile touch screens, Light Emitting Diode televisions and solar panels. The supplies increased so much during the year that they failed to keep pace and that is when the prices went up and the company was able to make a killing here.
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Zydus Wellness – It is a 350 Crore FMCG Division of the Zydus Cadila Group. It has a strong product portfolio with a health program. The Company has concentrated heavily on building brands like Sugar Free, Nutralite and Ever Yuth.
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National Peroxide – It has become the industry leader with an improvement in the chemical hydrogen peroxide prices.
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Mayor Uniquoters – It is India’s leading manufacturer of artificial leather and supplies to domestic auto makers such as Maruti and Tata Motors and footwear companies like Bata, Liberty and Action.
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Sandur Manganese & Iron Ore – It is India’s second largest manganese ore mining company. It also has a ferro-alloys plant in Karnataka with almost two thousand acres of mining land.