Why I bought Swiss Glascoat (HLE Glascoat) and Why it Multiplied 200 Times !!

Mbcover How To Find A Good Stock Advis 80x80 - Manish Goel Portfolio Management Service
How to find a good Stock Advisor?
March 15, 2019
Bar Chart of Portfolio Cagr xirr by Year Fy20fy25 Ending with Fy25 at 11 green Bar
My Portfolio CAGR (XIRR) as on 01.11.2024 is 112%
November 5, 2024
Bar Chart of Yearly Figures Fy20fy25 Fy25 is 11 and Highlighted in Green As the Latest Data Point in the Series

#image_title

VALUE INVESTING · BLOG

Why I bought Swiss Glascoat (HLE Glascoat) and Why it Multiplied 200 Times !!

← ALL ARTICLES
Mbcover Why I Bought Swiss Glascoat Hl - Manish Goel Portfolio Management Service
📅 Published
February 19, 2020 (Wednesday)
Screenshot at  Pmjpg 1024x294   Manish Goel Portfolio Management Service

I suggested Swiss Glascoat at 38 rs in 2014…. In 2021, Its price touched 7,500 rs…. Yes, it multiplied 200 Times in just 7 years…. some time ago, this company changed its name to HLE Glascoat… After researching this company, I found that its fundamentals were very strong and its management was very transparent… It seemed to me that it is trading at extremely cheap valuations compared to its real potential… and exactly in line with my prediction, it multiplied 200 Times in next 7 Years…. It is 5th stock out of my total 8 suggested stocks, which multiplied more than 20 Times !!… Other 4 are Chaman Lal Setia, KPR Mills, Mold Tek Packaging and Maithan Alloys…. That means more than 50% of my suggested stocks multiplied more than 20 Times… Happy Long Term Investing Friends

5-year trajectory
Figure 1. 5-year trajectory — Audited FY20-FY25 (Titan-illustrative)

Disclaimer – I am NOT suggesting anybody to buy at current prices

📢 Join Our Telegram Channel

FY25 decomposition
Figure 2. FY25 decomposition — Where the ratio comes from

Get daily value investing lessons, stock analysis & Titan Biotech updates — delivered straight to your phone!

✈️ Join @longtermequityy on Telegram

🔔 Free • No spam • Value investing insights daily

MG Manish Goel Portfolio Management Service
SEBI Registered Research Analyst · Registration No. INH100004775 · Principal Officer: Manish Goel · 2209, Sector 63, Chandigarh — 160047, India
Investments are subject to market risks. Past performance is not indicative of future returns. Please read all documents carefully.
© 2026 Manish Goel Portfolio Management Service. All rights reserved. · Privacy · Disclaimer
author avatar
Manish Goel
Manish Goel is a Chartered Accountant, SEBI Registered Research Analyst, and founder of Manish Goel PMS. A full-time value investor since 2010, he has helped thousands of investors build long-term wealth through quality stock picking and disciplined fundamental analysis.
+91-7380122211