Multibagger Stock: This construction firm skyrocketed over 1390% in 3 years, shot up 3790% in 5 years
₹235 per share. Meanwhile the company's shares, which were priced at ₹16.60 apiece in April 2021, have surged by an impressive 1391%, reaching the current price of ₹247.55. Over the last five years, the shares have risen 3790%.
Also Read: Paytm falls for 10th day in a row to hit new all-time low, longest losing streak since listing; what's behind the crash? What's remarkable is the consistent returns observed each year. In the current year, the shares have already gained 51%, building on the momentum from a 14% increase in CY23 and a 144% surge in CY22. In CY21, they delivered a whopping return of 151%; even during the market turmoil in CY20, they gained 237%.
The company on Tuesday reported a consolidated net profit of ₹8.65 crore for Q4 FY24, marking a significant growth of 55.65% YoY compared to ₹5.56 crore net profit in Q4 FY23. Revenue from operations during Q4 FY24 stood at ₹67.95 crore, showing a notable rise of 46% YoY compared to ₹46.55 crore in Q4FY23. EBITDA for Q4 FY24 was reported at ₹12.55 crore, reflecting an 18.35% increase from ₹10.60 crore in Q4 FY23.
Also Read: Q4 Results Review: 5 companies contribute 75% to Nifty earnings growth For FY24, the company reported a consolidated net profit of ₹30.69 crore, which came in flat compared to ₹30.14 crore in FY23. Revenue from operations during FY24 stood at ₹243.22 crore, indicating a 21.55% YoY rise from ₹200.11 crore in FY23. Also Read: Rekha Jhunjhunwala loses over ₹2360 crore in this Tata group stock in one month In March, the company's wholly-owned subsidiary, BigBloc Building Elements, received an eligibility certificate for a subsidy of ₹27.14 crore under the Maharashtra government's incentive scheme for completing Phase I of the AAC blocks project at
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