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Multibagger Stock: Mold-Tek Technologies Ltd is one such company that has had a good year for investors. In September 2022, the share price of Mold-Tek Technologies Ltd was Rs.91. While in September this year, the share price of the company reached the level of Rs 398.45. That means positional investors have made a profit of 338 percent during this period. The money of people who invested 1 lakh has increased to 4.37 lakh rupees.
This railway stock outperformed everyone in terms of returns, faster than RVNL
Shares of the company were trading at the level of Rs 391 with a rise of 0.77 percent on Tuesday. In the past one month, the stock has enriched positional investors by returning over 14 percent. At the same time, the company’s share price has increased by more than 300 percent in the last one year.
How strong is the company’s balance sheet?
Mold-Tech Technology’s total revenue from April to June was Rs. 37.7 crores. While last year it was Rs. 29.40 crores. On an annual basis, the company’s revenue has increased by 28.25 percent. In the first quarter of the current financial year, the consolidated profit of the company stood at Rs. 6.3 crore was. Which is 103 percent more than last year.