Top Multibagger Stock 2021: Several stocks have made it to the list of multibagger stocks amid the BSE small-cap index hitting a record high, JITF Infralogistics is one such stock that has given huge returns to investors. It is part of the Jindal Group, which has been skyrocketing for the past one month and is reaching the upper circuit most of the times. In the last one month, the stock has seen a rally of more than 150 percent, due to which investors are excited.
Important advice for new investors
According to experts, this stock is hitting circuit by circuit, so those who have already invested in it can remain profitable. However, new investors should avoid investing money in it for the time being. Experts advise those holding this stock of Jindal Group that as long as it remains positive, then investment should be kept in it. But profit should be booked over the counter immediately after trend reversal.
previous record too great
This stock of Jindal Group is giving good returns since last one year. This stock of the logistics company has given a strong return of 1180 percent to its shareholders in the last six months, while the stock of Jindal group companies has increased by about 1400 percent in the last one year. Overall, in the last few years, all the people who have invested in the shares of this group have got great returns.
In its corporate announcement, the Jindal Group company submitted its annual report earlier this month. In this annual report, the company has registered an increase in operating revenue from Rs 16.030 crore in FY 2019-20 to Rs 25.879 crore in FY 2020-21. However, the company’s net income or PAT (Profit After Tax) declined to Rs 1.693 crore in FY21 from Rs 1.773 crore in FY20.
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