Multibagger Stock: The stock of this company jumped by more than 9 percent today, has given a bumper return of 280 percent in 3 years – mps ltd stock gave 280 percent bumper return to investors in three years

Multibagger Stock: The stock of this company jumped by more than 9 percent today, has given a bumper return of 280 percent in 3 years – mps ltd stock gave 280 percent bumper return to investors in three years

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Mumbai: Amidst the ups and downs in the stock market, there are many such stocks which have given excellent returns to the investors. One such stock is that of MPS Limited. This small cap multibagger stock has made investors rich. Those who invest in it have become rich. The stock has given a bumper return of 280 per cent to the investors in the last three years. Today, a jump of more than 6 percent is being seen in this stock. Let us inform that MPS Limited recently announced its strong Q1FY24 results wherein the company’s sales grew by 15.4%. 132.51 crore as compared to Q1FY23. The operating profit of the company has increased by 37.5% as compared to Q1FY23. It has reached Rs 45.27 crore.

Similarly, the company’s net profit has jumped 46.8% to Rs 30.3 crore over Q1FY23. Furthermore, the company has been able to grow its sales by 15% (CAGR) in the last 3 years. The company’s net profit grew by 27% (CAGR) during the same period.

The company has given a bumper return of 132 per cent to the investors in the last one year. At the same time, in the last 3 years, it has given a great return of 285%. Additionally, the company has a ROCE of 33.7% and ROE of 25.4%. Furthermore, the dividend payout ratio of the company stands at 30.1%.

Today i.e. on Monday, the shares of the company have gained more than 9%. It has reached its fresh 52-week high of Rs 1,621. The stock is expected to continue rising further. Investors can include this stock in their portfolio to earn profits.

This article is powered by Dalal Street Investment Journal, India’s No. 1 Investment Magazine. Click here to get regular updates about Winning Stocks and Recommendations.

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