The company develops and sells cutting-edge technologies, products and services for CO2-efficient driving, electric mobility, Industry 4.0, digitization and renewable energies.
The company has delivered multipacker returns to its shareholders in the last two years. In the last two years, the price per share of the company on August 26, 2020 was Rs. 778.94 on 23 August 2022 to Rs. 3000.15 has gone up.
The company posted 285% growth in two years and 76% profit in the first quarter of the current fiscal year (Q1FY23). If you had invested Rs 1 lakh in the company’s stock two years ago, it would have turned into Rs 3.85 lakh today.
Regarding the company’s financial results, the company’s revenue grew by 41.85% to Rs 1748.83 crore in the first quarter of the current financial year (Q1FY23). Similarly, its current fiscal first quarter (Q1FY23) net profit rose 76% year-on-year to Rs 225.75 crore. As per the end of last financial year (FY22), the company has ROE and ROCE of 18.52% and 24.96% respectively.
Today, the price per share of the company rose by 0.84% to Rs.3018.08. As the share price of this company may go up in the near future, buy this multipacker stock that has fallen in price and you can see more profit in the future.
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