Multibagger Shares: Over ₹ 1 lakh in 14 months, greater than ₹ 3350000, the corporate serves in large business – INA NEWS

Multibagger Shares: The shares of Trident Teklabs listed available in the market about 14 months in the past have raised cash on IPO traders. Not solely the corporate’s shares but in addition enterprise has elevated quickly and its revenue was virtually double in FY 2024. Speaking about shares, in 14 months, IPO traders are 3279 p.c worthwhile, that’s, an investor of 1 lakh rupees has presently change into greater than Rs 33 lakh. At present its shares have closed at Rs 1,182.95 with a decline of two.52 per cent on NSE SME.

Multibagger Shares: Traders’ capital elevated by rocket pace

The shares of Trident Techlabs had been issued to IPO traders at ₹ 35 in December 2023 and on 29 November 2023, it was listed at ₹ 98.15 i.e. 180% premium on NSE SME and it was closed at ₹ 103.05 on the finish of the day. . Thus, on the very first day, it elevated the capital of IPO traders by virtually 3 times. After this, the shares and quickly climbed up. Final yr, on 16 February 2024, it was one yr low at ₹ 175.20. It rose 853.20 per cent in 11 months from this decrease degree to a document excessive of ₹ 1,670.00 on 9 January 2025, ie the cash of IPO traders elevated by about 4671 per cent i.e. 47 occasions in 13 months. Though the shares have stopped right here and presently it’s 29 per cent draw back from this excessive, however IPO traders are nonetheless about 3280 per cent revenue.

About Trident Techlabs

Now the query arises that what does the corporate whose shares are consistently making a blast. The corporate offers know-how -related companies to Aerospace, Protection, Automotive, Telecom, Medical, Semiconductor and Energy Distribution Industries. Its enterprise is unfold over two areas- engineering options and energy system options. Now speaking concerning the monetary well being of the corporate, in FY 2024, its internet revenue was virtually doubled on an annual foundation to ₹ 4.67 crore to ₹ 9.37 crore. Throughout this era, the corporate’s whole revenue rose by about 7 p.c to ₹ 73 crore.

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