Multibagger Stock: The past year has been very volatile for the Indian stock market and its investors. Expensive debt due to inflation and its effects, the market had declined due to Russia-Ukraine war, so the market showed recovery with the same speed on the basis of domestic investors. But during this period there were many such stocks in the market which have given multibagger returns to the investors. Today we are talking about the stock of GTV Engineering, one such multibagger engineering company, which has given a return of more than 1000 percent.
Multibagger stock GTV Engineering’s stock was trading at Rs 23.15 a year ago, which is trading at Rs 320 level on 4 November 2022 with a rise of 1.88 percent. That is, in the last one year, the stock has given a return of 1183 percent to the investors. The share of GTV Engineering has also touched the upper level of Rs 334. The face value of the share of GTV Engineering is Rs 10. The market cap of the company is only Rs 99 crores. Whereas the book value of the share is Rs 86.01.
The stock of GTV Engineering has given a return of 1183 percent in one year, while the stock has given a return of 953 percent in two years. In three years, the stock has given 3307 percent i.e. 33 times return. The stock has given a return of 958 per cent in 5 years. The stock has given a return of 115 percent in 6 months and 30 percent in one month.
Looking at the financial results of the company, the revenue of the company was Rs 77 crore in the financial year 2021-22. Whereas in the first quarter of 2022-23, the company’s sales were Rs 26.34 crore, which is 105.76 percent more than the first quarter of its year. The net profit of the company has increased to Rs 0.15 crore as against Rs 0.11 crore in the first quarter of this financial year.