Multibagger Stock: If you are looking for a better stock to invest then Shakti Pumps (India) Limited (Shakti Pumps India) can keep an eye on the shares of. This stock has made huge profits for its investors in a short period of time. The company has released excellent results in the October-December quarter of FY25. Last Friday, the company’s shares fell by 1.71 percent and closed at Rs 1141.75 on BSE. With this decline the market cap of the company has decreased to Rs 13725 crore.
How were the quarterly results of Shakti Pumps India?
Water pump company Shakti Pumps (India) Ltd’s net profit in December third quarter increased by 130.09% year-on-year to Rs 104 crore. In the same quarter of the last financial year, the company had earned a net profit of ₹45.2 crore. The company’s revenue during the quarter increased by 31 per cent to ₹648.8 crore from ₹495.6 crore in the same period last financial year.
The company’s EBITDA increased by 117.46 per cent to Rs 154.4 crore during the quarter, compared to Rs 71 crore in the same quarter last year. During this period, EBITDA margin increased to 23.8%, whereas in Q3 FY24 it was 14.3%.
How has been the performance of Shakti Pumps India shares?
Shares of Shakti Pumps (India) Limited have gained about 8 percent in the last one month. At the same time, it has given a strong return of 54 percent in the last 6 months. In the last one year, its investors have got an excellent return of 440 percent. Not only this, it has made a bumper profit of 2504 percent in the last 5 years.
In January 2020, the price of one share of the company was only Rs 43.84, which has increased to Rs 1,141.75 today. This means that investors’ money has increased 26 times during this period.
Disclaimer: The information provided here is based on share performance. It is important to note that investing in the market is subject to market risks. As an investor, always consult an expert before investing money. Moneycontrol never advises anyone to invest money here.