Multibagger Inventory: Share strengthened by 2900% in 5 years, gave 120% return in only one yr – INA NEWS
Multibagger Inventory: If you’re searching for an excellent inventory to speculate then Radhika Jeweltech Can show to be an excellent choice. Within the final 5 years it has given greater than 2900 % returns to buyers. The inventory has gained 120 % within the final one yr. On the similar time, it has seen a development of 9 % in simply two weeks. Radhika Jeweltech Restricted manufactures and sells gold, diamond and platinum jewelry. It was began within the yr 2016. The market cap of the corporate is greater than Rs 1,200 crore.
In response to BSE knowledge, the share worth on January 29, 2020 was Rs 3.54. The worth closed at Rs 107.35 on January 24, 2025. In the meantime the return was 2932.48 %. Should you calculate, Rs 50,000 invested in shares on the worth of 5 years in the past would have change into Rs 15 lakh at this time on the idea of this return. However provided that the shares haven’t been offered in between. Equally, Rs 1 lakh would have change into Rs 30 lakh.
Radhika Jeweltech shares have gone as much as Rs 157.35
Promoters held 63.73 % stake in Radhika Jeweltech by the tip of December 2024. The inventory had seen a 52-week excessive of Rs 157.35 on October 1, 2024 on BSE. The 52-week low of Rs 47.05 was recorded on January 25, 2024. The higher worth band for the share is Rs 112.70 and the lower cost band is Rs 102. The circuit restrict is 5 %. The face worth of the share is Rs 2.
Revenue elevated by 23 % in December quarter
Radhika Jeweltech’s web revenue for the October-December 2024 quarter stood at Rs 22.73 crore. That is 45 % greater than the revenue of Rs 15.67 crore a yr in the past. Income from operations declined 52 % year-on-year to Rs 206.06 crore. It was Rs 431.28 crore within the December 2023 quarter. Within the July-September 2024 quarter, income was Rs 131.48 crore and web revenue was Rs 10.58 crore.
₹1 lakh grew to become ₹3000000 in 5 years, shares rose 180% in only one yr
Disclaimer: The knowledge supplied right here is predicated on share efficiency. It is very important observe that investing out there is topic to market dangers. As an investor, at all times seek the advice of an professional earlier than investing cash. Moneycontrol by no means advises anybody to speculate cash right here.
Multibagger Inventory: Share strengthened by 2900% in 5 years, gave 120% return in only one yr
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