apar industries share gave investors a bumper return of 920% in 3 years
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Mumbai: There may be ups and downs in the stock market, but many stocks are seeing a boom. These stocks have made investors rich. One such stock is of APAR Industries Ltd. It has given 920% return to the investors in 3 years. This mid-cap multibagger stock has hit its 52-week high. APAR Industries has grown over the course of 60 years into a diversified billion dollar company. The company has established itself as a reputed manufacturer and supplier of Conductors, Cables, Special Oils, Polymers with presence in more than 140 countries. APAR Industries had recently announced its excellent Q4FY23 results. In this, the company’s sales have increased by 36% to Rs 4,089 crore as compared to Q4FY22. EBITDA increased by 146% to Rs 445 crore as compared to Q4FY22. Whereas the net profit has been Rs 243 crore. It has grown by 194% in Q4FY23 as compared to Q4FY22. Furthermore, the company has been able to grow its sales by 25% (CAGR) in the last 3 years and net profit by 68% (CAGR) in the same period.
The company has given a bumper return of 248% in the last year. It has given a stupendous return of 923% in the last 3 years. Today i.e. on Monday also the shares of the company have increased by 5%. It is trading at its 52-week high of Rs 3340. Investors can include this stock in their portfolio to earn profits.
The company has given a bumper return of 248% in the last year. It has given a stupendous return of 923% in the last 3 years. Today i.e. on Monday also the shares of the company have increased by 5%. It is trading at its 52-week high of Rs 3340. Investors can include this stock in their portfolio to earn profits.
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