If I had invested Rs 1 lakh in the shares of this company two years ago, it would have turned into Rs 7.3 lakh today.
The company’s net profit for the third quarter of the current financial year (Q3FY23) rose 34.34% year-on-year to Rs 118.40 crore. The bottom line increased by 24.62% to Rs 18.21 crore in the third quarter of the current financial year (Q3FY23). The company is currently trading at a TTM PE of 38.7x against an industry PE of 35.67x.
The company’s ROCE and ROE as of FY2022 stand at 35.1% and 31.9%. The company is a segment of Group B shares with a market capitalization of 2725 crores.
The stock touched a 52-week high of Rs.506.67 and a 52-week low of Rs.221.93. Today, the price of one share of the company rose by 2.22 percent to Rs.492.55. You can add this stock to your watch list as experts have said that this stock will be more profitable in the coming weeks.
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