multibagger stocks today, with an investment of just Rs.350.. Multibagger gave income.. cargo company! – check this globus spirits multibagger stock today it gave 139 percent growth last 2 years

by time news
Globus Spirits Limited stock is a multipacker stock in the stock market today. The company was established in 1992. It is primarily engaged in the manufacture and sale of Indian Liquor (IMIL), Foreign Liquor (IMFL), Bulk Alcohol Hand Sanitizer and Franchise Bottling as its core product. The price per share of the company rose from Rs.359.45 on 25 February 2021 to Rs.860.45 on 24 February 2023. It has increased by around 139% during the two-year holding period. If you had invested Rs 1 lakh in this stock two years ago, it would have made a profit of Rs 2.39 lakh today.

Currently the current share price of the company is Rs.360.40. The stock price of this company may go up in the near future so buy this multipacker stock which has fallen in price and you can see more profit in the future.

The stock has outperformed the S&P BSE SmallCap Index over the past two years, giving investors mind-blowing returns. Also, the company’s net revenue rose 48% year-on-year (YoY) to Rs 809.1 crore in the third quarter (Q3FY23). And its average YoY bottom line fell 11.7% to Rs 26.94 crore due to higher expenses.

The company is currently trading on PE and TTM PE of 18.3x TTM PE against industry PE of 54.7x respectively. As of the last financial year 2022, the company’s ROCE and ROE are 34.12% and 24.78% respectively. And its market capitalization is Rs 2,439.02 crore.

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