Multibagger Shares-1000% profit in 3 years:
A company that produces electric vehicles is in stock. It touched a fresh high in the last trading session. It also gave 1000 percent returns to investors within three years. The share price has gone up from Rs 200 to Rs 2,000. Now it’s going to be even more rapid. Now let’s learn about that stock.
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Multibagger Olectra Greentech:
Multibagger Olectra Greentech: The domestic stock markets are fluctuating. In such a situation, the stock of electric vehicle manufacturer Olectra Greentech is struggling. It is attracting investors to their side by achieving good growth. It touched a 52-week high in the trading session last Friday. It is also raining money for investors. In the last three years, the shares of the EV company have gone up to Rs. From 200 level to Rs. Rose to the level of 2000. This resulted in multibagger returns. Let’s find out the details.
Multibagger Shares-1000% profit in 3 years: Olectra Greentech’s stock hit a new 52-week high of Rs 1,000 on Friday. Touched 2048. By the time the market closes, rs. Settled in 2010. On Friday, 6. This is an increase of 93 per cent. The company’s stock hit a 52-week low of Rs. 374. At 10. Also, the company’s market capitalisation is Rs. 16. 42 trillion crores. Pe ratio is 183. It’s at 01.
The Company has recently revealed key things. According to the net order book, there is an order for the manufacture of 8,088 electric buses. Of these, 5,150 buses have been ordered from MSRTC. On the other hand. In the third quarter of 2023-24, EBITDA stood at Rs. 56. Reached 10 crores. This is an increase of 52 per cent compared to last year. Also, the net profit of the company is Rs. 27. 11 crores. Last year, Rs. 15. An increase of 77 per cent over 3 crores.
Olectra Greentech Electric aims:
Olectra Greentech Electric aims to double its turnover once every two years. It also said it aims to start manufacturing hydrogen buses exclusively in fy 2024-25. Investors are focusing on the company’s stock in this order. They are scrambling to buy as there is a possibility of further growth ahead. However, equity investors should never invest with trendy trends. Profits will come only when investments are made by choosing the right stock following the advice of market experts.
Multibagger Penny Stock Salasar Techno Engineering Announced Bonus Share
This penny stock is raining coins. It hit a new high by hitting the upper circuit in a row. Those who have invested Rs. 10 lakhs. It is now offering free shares at Rs 4 per share. And find out about that stock now.
The domestic stock markets rallied the day after the budget. They ended with marginal gains under selling pressure towards the end. The BSE Sensex and the NSE Nifty gained 0.67 per cent and 0.69 per cent, respectively. In this order we need to know about a penny stock. It hit a new 52-week high of Rs 29.45 after hitting the upper circuit in a row. Shares of this rupee have turned into a multibagger giving huge profits to their investors. Investors are scrambling to buy this stock. Share the same Salazar Techno Engineering Limited (Salasar Techno Engineering ltd STEL).
The company is looking to raise around Rs 806.4 crore to enhance its financial status. There are two kinds of methods that are going to be followed to achieve this. 39 crore equity shares will be issued to non-promoters. Similarly, 73 crore convertible warrants will be issued to promoters and non-promoters. On the other hand. Announced bonus shares for its shareholders. Those holding one equity share will be given four equity bonus shares. It has already started the process of identifying eligible shareholders. The company’s net sales grew 6.42 per cent to Rs 275.35 crore in Q2 results. Net profit increased by 20.5 per cent to Rs. 9.05 crore.
The multibagger stock has given a return of 120 per cent so far, this financial year. It has also increased by 235 per cent in the last one year. Similarly, in the last five years, it has increased by 1000 per cent. Accordingly, five years ago, it was Rs. Those who bought shares for Rs 1 lakh will now get a profit of Rs 10 lakh. Today’s trading was up 5 per cent on February 2 and locked in the upper circuit. It is currently closing at Rs 29.40. This is the stock’s 52-week high. It also hit a 52-week low of 7.25. The company’s market capitalization is Rs. 4.66 trillion crores. The PE ratio stands at 20.61.
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