Multibagger Stock India: In the Indian stock market, investors often look for stocks giving multibagger returns. In such a situation, these days the eyes of investors are fixed on a small-cap stock. Shivalik Bimetal Controls Limited has given a tremendous return of approximately 27,775 percent to its shareholders in less than 15 years.
Due to which investors have got the opportunity to earn huge profits. The current market cap of the company is around Rs 2,899 crore. Let us know about this multibagger stock…..
Return of crores on investment of one lakh
The shares of Shivalik Bimetal Controls Limited have surprised their investors by giving stormy returns. Talking about the figures, if an investor had invested only Rs 1 lakh in the shares of Shivalik Bimetal Controls Limited in August 2013, today the same investment would have converted into approximately Rs 2.79 crore.
At that time the share price was Rs 1.72. According to today’s latest price, the company shares are trading at around Rs 503. Due to such tremendous growth and returns, this multibagger stock has again come into the eyes of investors.
Management changed the growth estimate for FY26
The company has recently made slight changes in its FY26 growth outlook. Earlier, where 12-15 percent revenue growth was expected, now it has been reduced to about 10 percent.
The company says that this step has been taken in view of the current market situation and slow growth in some segments. Despite this, the management is confident that the company’s growth story will remain strong in the long term.
Status of company shares on BSE
There is a rise in company shares on BSE on Monday, 9th February. At around 11 am the company shares were trading at Rs 503.40, up 3.86 percent or Rs 18.70. The intraday high of the day was Rs 506.
Talking about the 52-week high level of company shares, during this period the shares had touched the figure of Rs 604. Whereas the low level of 52 weeks is Rs 378. The market cap of the company is around Rs 2,899 crore.
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