Multibagger Stock: This stock jumped 20% as soon as the market opened, has given tremendous returns in three years – this multibagger stock surged by 20 percent and reached its upper circuit limit; do you hold it
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Similarly, the net profit of the company fell by 77.5% as compared to Q1FY23. Furthermore, the company has been able to grow its sales by 14% (CAGR) in the last 3 years and the company’s net profit has also grown by 7% (CAGR) during the same period. The company has given handsome returns of 6.58% in last one year and 210% in last 3 years. Furthermore, the company has a ROCE of 19% and ROE of 15.1%. On Friday, the company’s shares gained 20% and reached its upper circuit of Rs 1,115.50. Apart from this, the volume of the stock also increased by more than 4.54 times. Investors should keep a close watch on this trending stock.
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