New Delhi. Multibagger Stock 2021- There is good news for investors. If you invested in the shares of KPIT Technologies Limited last year, then you may be able to recoup more. Yes… KPIT Technologies stocks have reimbursed more than 300 per cent to shareholders over the past one year. On Wednesday, the stock rose 10 percent to its full value at Rs 410.45 among the books on the Bombay Stock Exchange (BSE).
Let us tell you – it has been on the rise for the past seven days and in the same period it has gained 30 percent. In the past one year, the share price rose from Rs 94.5 to Rs 410.45, a return of about 334 percent.
Very good return from investors
The amount of Rs 5 lakh deposited in a multibagger last year would be Rs 21.7 lakh today. Its sales jumped by about 182 percent since the beginning of this year. With a market capitalization of more than Rs 11,000 crore, shares are sold over 5 days, 20 days, 50 days, 100 days and 200 moving days.
KPIT Tech also reported a profit of Rs 65 crore quarter ended September 2021, compared to a profit of Rs 27.8 crore last year. Total revenue of the company increased 22 percent to Rs 590.87 crore quarterly.
Exceeds the value you want
The lending company expects the FY23 EBITDA (17.8 per cent) limit to exceed FY20 13.7 per cent, FY21 15.2 per cent and FY22 17.5 per cent. Please note that this item has already exceeded the Rs 400 per item limit.
The stock is also selling at a discounted price of its historical value and has a ‘fair’ price, with a return on equity (ROE) of 17.1.