Multibagger stock: This share gave 150% return in one year, continues to grow, know what the company does – schneider electric infrastructure share delivered 150 percent return in a year

Multibagger stock: This share gave 150% return in one year, continues to grow, know what the company does – schneider electric infrastructure share delivered 150 percent return in a year

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New Delhi : Shares of Schneider Electric Infrastructure Ltd. have given multibagger returns during the last one year. Shares of the company increased from Rs 108.20 on July 18, 2022 to Rs 297 on July 18, 2023, which is a growth of about 159% in the holding period of one year. An investment of Rs 1 lakh in the shares of this company a year ago would have become Rs 2.59 lakh today. The company’s revenue in the fourth quarter of the last financial year was Rs 410.51 crore. There was a growth of 20.73 percent year-on-year. The operating profit of the company stood at Rs 64.91 crore. While the profit after tax of the company stood at Rs 44.84 crore. The company had an order book of Rs 1,073 crore as on March 31, 2023.

The stock opened at Rs 279.75 on Tuesday. It went up to Rs.308.00 and down to Rs.279.50. The stock is currently trading at Rs 297.95, up 6.62%. The stock’s 52 week high is Rs.308 and 52 week low is Rs.105.40.

The stock is currently trading at TTM PE of 67.1x against industry PE of 35.3x. The company had achieved a ROCE of 27.6% and an ROE of 65.1% in FY23.

Schneider Electric Infrastructure Ltd. is engaged in the business of manufacturing, designing, manufacturing and servicing technologically advanced products and systems for power networks. The company’s product portfolio includes transformers, power transformers, switchgear, medium voltage switchgear, protection relays and smart city applications.

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