Multibagger Stock: 12 rupees shares gave splash returns, bus in making 1 lakh 1 crore …

New Delhi. The share of the defense sector company, Nibe Limited has made investors rich in four years. Four before today, the price of this stock was only Rs 12, which has increased to Rs 1844. In this way, investors have taken a thick profit of 14600 percent from the shares of Nibi Limited in four years. Today this stock was open in green mark on NSE and reached Rs 1844 once in Intrade. Later it declined and till the news was written, it was trading at Rs 1785. Even in the last one year, this stock has given a multibagger return and in 12 months its price has risen 210 percent.

Nibe Limited was listed in the stock market in the year 2005. It is engaged in the business of fabrication and machining of components. The company provides services related to the design, supply, construction and commissioning of low and medium voltage lines. It also produces important components for software development, defense, electric vehicles etc. The market capitalization of Nibi Limited is Rs 2400 crore.

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One crore became one million
On 9 November 2020, the price of Nibi Limited share was Rs 12.57. Today it reached Rs 1844. In this way, in 4 years, the stock has given more than 14600 percent returns. If someone had invested 10000 rupees in the stock 4 years ago and has been invested so far, then today his investment has been taken up to Rs 14 lakh. Similarly, 20000 rupees have now been converted to 29 lakh rupees and 50000 rupees to 73 lakh rupees. If an investor had put 1 lakh rupees in this stock four earlier and has retained his investor, then the value of his investment has been Rs 1 crore.

53 percent stake of promoters

The company had 53.08 percent stake in the company by the end of September 2024. The financial results of the July-September 2024 quarter and April-September 2024 half of Nibi Limited will be released on 13 November. According to the data on BSE, the company’s revenue was Rs 109.28 crore and net profit of Rs 7.86 crore in the April-June 2024 quarter. In FY 2023-24, revenue was recorded at Rs 279 crore and net profit was Rs 22 crore.

(Disclaimer: The information given here is based on the share performance. Since the investment in the stock market is subject to market risk, take advice from a certifite investment advisor before investing. News18 Hindi will not be responsible for any loss you will be.)