This stock made investors rich! 108.93% return given in just 6 months
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Multibagger stock: This year many multibagger stocks 2021 have made investors rich. Today we will tell you about one such stock, which has seen an increase of about 215 percent in the year 2021. The shares of HG Infra have given a great response to the investors. The price of this midcap stock has increased from Rs 220 to Rs 695.
Good profit in the second quarter
Let us tell you that the company has made good profits in the second quarter of the financial year 2022 and good growth is expected in the future as well. According to brokerage firm HDFC Securities, investors who invest money in this company can get good profits even further. in this
Buy for a target of Rs 920
According to HDFC Sec, you can buy HG Infra shares for a target of ₹ 920. HG Infra share price today is Rs 695, which means that in the long term, this counter can see a jump of more than 30 percent.
How much was the revenue?
Looking at the second quarter results, HDFC Securities said that the revenue EBITDA and APAT of HG Infra are 7.5bn, 1.2bn and 0.7bn respectively.
How much return did the investors get
Let us tell you that if we talk about returns in one year, then the company’s stock has increased by 253.60 percent. During this, the company’s stock has increased by Rs 498.45 to Rs 695.00. At the same time, the company’s stock has given a return of 159.57 percent in 5 years. At the same time, the company’s stock has made a profit of 108.93 percent in 6 months.
Disclaimer: The information provided here is being given for informational purposes only. It is important to mention here that investing in the market is subject to market risks. Always consult an expert before investing money as an investor. It is never advised to invest any money from ABPLive.com here.
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