highlights
This multibagger share has given 53 percent return in 6 months.
The price of this share has increased by 12 percent in the last one month.
In the third quarter, the company recorded revenue of Rs 46.03 crore.
Multibagger Stock: One never knows when which stock will bring money in the stock market. Many penny stocks have also done such wonders. Although the risk of losing money in these stocks is high, still many people invest a lot of money in them. One such multibagger penny stock that is attracting investors is Comfort Intech. This share of the trading and supply company has given a profit of more than 3000 percent to the investors in the last 4 years. In April 2020, the share price of Comfort Intake was just 22 paise. Now it has increased to Rs 10.06.
Comfort Intake Company was established in 1994. Earlier its name was Comfort Finvest Limited. In the year 2000, the company changed its name to Comfort Intech Limited (CIL) to obtain a new Certificate of Incorporation. The headquarters of the company is in Mumbai. The company does many things, from trading in commodities to financing and leasing of immovable properties.
Also read- Fundamentals are strong, business of the company is increasing, this is the auspicious time to invest money in this large cap stock.
Multibagger returns given in a year
Comfort Intake shares have given a return of 285 percent in the last one year. This multibagger share price has given 12 percent return in one month and 53 percent return in six months. So far in the year 2024, Comfort Intake’s stock has risen by 8 percent. At the same time, this share has given 3000 percent return in the last four years. Its highest level of 52 weeks has been Rs 12.28, which it touched on 27 February 2024. The market capitalization of the company at the closing price of Friday, March 15 is Rs 321 crore.
One lakh became 45 lakhs
If an investor had invested Rs 1 lakh in this multibagger share four years ago and has maintained his investment till now, then today the value of his investment has increased to Rs 4,572,727. If an investor had invested Rs 10 thousand then he is now getting around Rs 5 lakh and the one who invested five thousand is now getting Rs 2.5 lakh.
25 percent jump in revenue
In the third quarter of the current financial year 2023-24, the company recorded a revenue of Rs 46.03 crore. This is 25.63 percent more than the same quarter of the last financial year. At the same time, its revenue growth on quarterly basis has been 71.82 percent. If we look at the shareholding pattern, 57.46 percent shares of the company are with the promoters, while 42.54 percent shares are with the public.
(Disclaimer: The information given here is based on the performance of the shares. Since investing in the stock market is subject to market risk, please consult a certified investment advisor before investing. AyraNews24x7 Hindi is responsible for any loss you may incur. Will not done.)
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first published : March 16, 2024, 1:15 pm IST