PG Electroplast: Shares of this company are running very fast, investors have become rich, signs of further growth – bumper jump in pg electroplast stock investors are continuously getting excellent returns

PG Electroplast: Shares of this company are running very fast, investors have become rich, signs of further growth – bumper jump in pg electroplast stock investors are continuously getting excellent returns

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Mumbai: There are many such stocks in the stock market which have given amazing returns to the investors in a short span of time. One such stock is that of PG Electroplast Limited. There is a continuous growth in this. Even today, a bumper bounce is being seen in the stocks since morning. Shares of PG Electroplast have gained more than 6 per cent today. The stock market is also witnessing a boom since this morning. Sensex has gained 0.22 percent and Nifty has gained 0.26 percent. Shares of PG Electroplast Ltd. have gained 6.93%. The stock has hit a 52-week high of Rs 1879.85 on BSE. Apart from this, the volume of the share is showing an increase of more than 7.12 times.

PG Electroplast Limited is the flagship entity of the PG Group. It holds a dominant position in the electronics manufacturing service sector of India. On August 04, 2023, the company announced its Q1FY24 performance. Net sales for the quarter stood at Rs 676 crore, showing a year-on-year growth of 26.3%. The company’s operating profit for the quarter reached Rs 64.20 crore, showing a growth of 84.3%. The company’s quarterly EBITDA stood at Rs 67.10 crore. Foreign institutional investors have increased their stake in the company from 1.97% to 3.13% in the quarter ending June 2023.

The company has consistently given excellent returns to the investors. In the last one year, the company has given more than 104% return to the investors. The stock has gained more than 3504% in last 3 years. 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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