multibagger stocks today, Multibagger stocks: Anil Ambani giving re-entry.. 250% increase on investment! – reliance infrastructure ltd shares given multibagger returns as of february 07 2023

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Reliance Infrastructure is involved in power generation, transmission and distribution through construction of power plants as EPC partners. It ranks among India’s top listed private companies on all key financial parameters including assets, sales, profitability and market capitalization.

Reliance Infrastructure is currently pursuing gas, coal, wind and hydro power generation projects in Maharashtra, Uttar Pradesh, Arunachal Pradesh and Uttaranchal.

The price per share of the company rose from Rs.32.55 on 04 Feb 2021 to Rs 121.30 on 03 Feb 2023. It has increased by around 250% during the two-year holding period. The stock has given mind-blowing returns in the last 2 years, whereas the S&P BSE SmallCap Index has returned over 50% in the last two years.

On a consolidated basis, the company’s net revenue rose 2.72% year-on-year (YoY) to Rs 4085 crore in the latest quarter (Q2FY23). And its average YoY bottom line (Bottom Line) is declining at Rs.34.3 crore.

The company is currently trading at a TTM PE of 45.11x against an industry PE of 77.8x. PBIDT (ex-OI) decreased by 2.75% YoY to Rs. 829 crores. And as of FY 2022, the company’s ROE is 5.7% and ROCE – 6.69%. And its market capitalization is Rs 3,519.51 crore.

Currently, the company’s current share price is Rs.122.35. As the company’s stock price may rise 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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