This stock has given a return of 5,435% in the last five years. The return of this multibagger stock in three years has been 8,424%. This stock has given 45 percent return to the investors in one year.
New Delhi. In the stock market, many people look at penny stocks with suspicion and avoid investing in them. But, it is not that investing in every penny stock leads to loss. Many penny stocks have also made investors rich. One such cheap stock that has piled up notes is Taylormade Renewables Share. In just two and a quarter years, this stock, which once looked ‘Lappu Sa’, has filled the investors’ house with money. On 24 February 2022, the price of Taylormade Renewables share was only Rs 9.63, which has increased to Rs 468.85 today.
Tailormade Renewables stock is seen under pressure in the year 2024. So far in this period, this stock has weakened by 31 percent. In one year, this stock has given 45 percent return to the investors. In three years, this stock has given 8,424.55 percent profit to the investors. The 52-week high of this stock is Rs 855.75 and the 52-week low is Rs 281.
Also read- 16% return in a month and 84% return in 5 months, now you will get 56 rupees dividend, this stock is increasing money rapidly
Increased revenue and profits
Tailormade Renewables provides renewable energy solutions. The company’s revenue has seen a good jump in FY 2024. In FY 2023, the company earned a revenue of Rs 19 crore, which increased to Rs 46 crore in FY 2024. Similarly, the company’s net profit was Rs 1 crore in FY 2023, which increased to Rs 10 crore in FY 2024. The promoters’ stake in the company is 61.75 per cent. At the same time, public share holding is 38.25 per cent. Foreign institutional investors and domestic institutional investors have not invested money in this stock.
In two and a quarter years, one lakh became Rs 4,868,639
In just two and a quarter years, TaylorMade Renewables shares have given huge profits to investors. During this period, the price of this share has increased from Rs 9.63 to Rs 468.85. If an investor had invested Rs 1 lakh in this stock in February 2022 and has remained invested till now, then his money has increased by about 48 times. Now the value of his investment of Rs 1 lakh in TaylorMade has become Rs 4,868,639.
(Disclaimer: The information given here is based on the performance of the stock. Since investing in the stock market is subject to market risk, please consult a certified investment advisor before investing. AyraNews24x7 Hindi will not be responsible for any loss you may incur.)
Tag: Business News, Money making tips, Multibagger Stocks, Share Market
first published : May 31, 2024, 1:30 pm IST
