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PNN
New Delhi [India], January 29: In a significant move, Foreign Institutional Investors (FIIs) increased their stake in Osia Hyper Retail from 4.85% to 11.13% during the last quarter, marking the company as a potential multibagger stock with growing appeal for both domestic and international investors. Overview: Osia Hyper Retail, with a proven track record in Gujarat, is strategically expanding its operations globally, positioning itself as an attractive investment choice for those seeking substantial growth opportunities. Operations: Operating 43 stores in Gujarat covering 8 lakh sq.ft., Osia Hyper is set to further expand with store openings in Madhya Pradesh, Maharashtra, and Rajasthan, aiming for a strong presence across India. International Presence: With a recent store inauguration in Dubai, Osia Hyper's global expansion plans include reaching destinations like Australia, Singapore, and the UK, emphasizing its commitment to becoming a significant player on the global retail stage. Digital Initiative: Adapting to evolving consumer habits, Osia Hyper is venturing into online shopping and home delivery services, aligning with the growing trend of e-commerce for enhanced customer convenience. Valuation and Growth: Setting an ambitious target of a $1 billion valuation in 3-4 years (currently at $100 million), Osia Hyper presents an enticing opportunity for investors eyeing substantial growth. Financial Strength: Consistently outperforming the Nifty500 index, Osia Hyper displays strong financial health, with a growing quarterly net profit and increasing profit margins, reflecting solid and sustainable financial performance. Stability and Confidence: With annual net profits on an upward trajectory for the last two years and no promoter pledge, Osia Hyper signifies stability and confidence in its operations. Institutional Confidence: The significant increase in shareholding by FIIs/FPIs and other institutional investors underscores the confidence in Osia Hyper's potential for sustained growth and success. In conclusion, Osia Hyper Retail stands out as a compelling investment opportunity, with global ambitions, a robust business model, and growing institutional confidence. As the company continues its expansion, investors can anticipate exciting returns in the coming years. (ADVERTORIAL DISCLAIMER: The above press release has been provided by PNN. ANI will not be responsible in any way for the content of the same)
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