Multibagger Inventory: Shares turned costly by 3594% in 4 years, ₹1 lakh turned ₹3700000 – INA NEWS

Multibagger Share: The inventory of an actual property firm has elevated buyers’ cash by virtually 37 occasions within the final 5 years. The share has climbed from the extent of Rs 33 to Rs 1235 on BSE. Not solely this, the share value has strengthened by 171 % in only one yr. that is share Ganesh Housing CompanyIt’s a well-known actual property developer of Gujarat.

The market cap of the corporate is Rs 10300 crore. The inventory had created a 52-week excessive of Rs 1,367.15 on January 9, 2025 on BSE. 52 week low of Rs 441.05 seen on January 11, 2024. The face worth of the share is Rs 10.

3594% return from Ganesh Housing Company in 4 years

Shares of Ganesh Housing Company closed at Rs 1235.65 on BSE on January 10, 2025. The share value on January 11, 2021 was Rs 33.45. On this means the return in 4 years was 3594 %. If we calculate on the idea of this return, Rs 50,000 invested in shares 4 years in the past would have turn into Rs 18 lakh by now, offered the shares weren’t offered in between. Equally, the quantity of Rs 1 lakh would have been round Rs 37 lakh and the quantity of Rs 2 lakh would have been greater than Rs 73 lakh.

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In accordance with BSE, the share of Ganesh Housing Company has strengthened by 40 % in 3 months. Promoters held 73.06 % stake within the firm by the tip of December 2024. The higher value band for the share is Rs 1,482.75 and the lower cost band is Rs 988.55. The circuit restrict is 20 %.

December quarter outcomes can be revealed on January 17

Ganesh Housing Company will launch its monetary outcomes for the October-December 2024 quarter after the board assembly to be held on January 17. The corporate’s standalone income in July-September 2024 was Rs 242.31 crore. Throughout this era, standalone internet revenue was recorded at Rs 154.94 crore.

Disclaimer: The data offered right here relies on share efficiency. You will need to be aware that investing available in the market is topic to market dangers. As an investor, all the time seek the advice of an professional earlier than investing cash. Moneycontrol by no means advises anybody to take a position cash right here.