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Multibagger Stock: During the last few years, the share price of Stylum Industries Limited has risen sharply. On Friday, the company’s shares rose 0.95 percent to Rs. closed at 1904.85 levels. In the last 11 years, this company has made the investors millionaires by giving more than 23000 percent returns to the positional investors.
In January 2012, one share of Stylem Industries Limited was priced at Rs. It was 8.13. After that, the investors who invested the company’s Rs. 1 lakh shares and held them till now, their investment value increased to Rs. 2.34 crore has been done. That is, this stock has given strong returns to investors in these 11 years. Let us tell you that the market cap of Stylum Industries Limited is 3228 crore rupees.
A whopping return of 22000 percent, cost less than 50 rupees
How strong is the company’s balance sheet?
The profit of the company in the June quarter was Rs 225 crore. While in the same quarter a year ago, the company’s profit was Rs. 234 crores. That is, on a year-on-year basis, the net profit of Stylum Industries Ltd. has decreased by 4 percent. The promoters hold 54.61 percent stake in Stylum Industries Limited.
How has the last one year been in the stock market?
In the last one month, the prices of these stocks have seen an increase of about 19 percent. At the same time, investors who bought and held the stock six months ago have made more than 70 percent profit so far.