highlights
TRIL share has given 57 percent return in one month.
The price of this multibagger stock increased by 116% in the year 2023.
This stock has given 204 percent return to investors in six months.
New Delhi. If you are also looking for a multibagger share in the stock market, then you should invest money in the stock of Transformers and Rectifiers (India) Limited (TRIL). After the fourth quarter results of the company, the enthusiasm of investors towards this stock has become even higher. Today i.e. on April 10, at the time of writing the news, TRERL’s share was trading at Rs 517 (Transformers & Rectifiers India Ltd Share Price) on NSE with a rise of 3.77 percent. This stock has given about 770 percent return to investors in one year.
Transformers and Rectifiers (India) Limited (TRIL) has released the results for the January-March quarter of the financial year 2023-24. In the fourth quarter, the consolidated net profit of the company increased 4 times to Rs 41.62 crore. In the same quarter of the financial year 2022-23, the company had earned a net profit of Rs 9.60 crore. Total income in the fourth quarter of the financial year 2023-24 increased to Rs 514 crore from Rs 439.50 crore in the same quarter last year. The company’s profit for the financial year 2023-24 was Rs 47.01 crore, which was Rs 42.35 crore in the financial year 2022-23.
Also read- This stock of Tata Group doubled its money in 1 year, 3 brokerages advised to invest money, check target price
One lakh rupees became 8 lakhs
Shares of Transformers and Rectifiers (India) Limited (TRIL) have been rising for the last 12 trading sessions. A year ago i.e. on April 10, 2023, the price of TRIL share was Rs 59.45. Now it has increased to Rs 517. This means that this multibagger share has given about 770 percent returns to investors in one year. If an investor had invested Rs 1 lakh in this share a year ago and has maintained his investment, then today the value of his investment has become Rs 869,638.
Read this also- If there is investment then it should be like this, made 10 lakhs from 1, gave more than 15% return every year, last year returned 42%
In the last one month, the share price of Transformers and Rectifiers (India) Limited (TRIL) has increased by 57 percent. In the last six months, this multibagger stock has given 204 percent returns to investors. So far in the year 2024, this stock has doubled the investors’ money. During this period, TRIL share price has increased by 116 percent.
(Disclaimer: The stocks mentioned here are based on the advice of brokerage houses. If you want to invest money in any of these, then first consult a certified investment advisor. AyraNews24x7 is not responsible for any profit or loss of yours. will be.)
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first published : April 10, 2024, 12:12 IST
