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Shares of Skipper Ltd, a maker of power transmission towers, power distribution poles and telecom power, saw gains on Friday. On Friday, the share price of Skipper Ltd rose by over 17 percent. After which the shares of the company were Rs. has touched an intra-day high of 254.90. A good thing for positional investors is that the company has a work order of Rs 5372. Let us tell you that the company’s share price closed at the level of Rs 242.85 on Friday.
Money doubles in 6 months, company announces dividend, investors are not willing to sell shares
The company had a great June quarter (Skipper Limited Q1 Results 2023)
The good news for positional investors of the company is that the earnings in the June quarter have been excellent. The skipper’s total income from April to June 2023 has been Rs 650 crore. Which is the best performance ever. The company is also performing well in the polymer sector. The management is confident that the company will be able to achieve 25 to 30 percent growth in the next 2 to 3 years.
Money doubled in 6 months (Skipper Limited Share Performance)
The share price of the company has seen an increase of about 45 percent in the last one month. At the same time, investors who bought and held shares of the company six months ago have now doubled their money. The share price of the company has seen a jump of 124 percent during this period. Let us tell you that, in the last one year, this stock has given a return of 230 percent to the positional investors.