Multibagger Stock: Those investing one lakh in this share got Rs 2.70 lakh, got a bumper return of more than 170% – multibagger stock shares of hariom pipe industries limited gave a bumper return of more than 170 percent to the investors
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The company is currently trading at a PE of 38.3x as against industry PE of 17x. In FY22, the company’s ROE and ROCE stood at 34.9% and 28.5% respectively. The firm belongs to Group B shares and has a market capitalization of Rs 1,487.17 crore.
Today the stock opened at Rs 2506.75 with a high and low of Rs 2526.65 and Rs 2473.95. The 52-week high and low levels of the stock are Rs 2663 and Rs 872.10 respectively on BSE.
Hariom Pipe Industries is a premium manufacturer of iron and steel products. The company is a manufacturer of Mild Steel (MS) Pipes, Scaffolding, HR Strips, MS Billets and Sponge Iron.
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