Multibagger Share: Shares of Lotus Chocolate Company, a manufacturer of chocolate, cocoa products and cocoa derivatives, have given 87 times returns to investors in the last 5 years. During this period, the share has risen from the level of around Rs 15 to the level of Rs 1282. Reliance Consumer Products Limited (RCPL), which comes under the umbrella of Mukesh Ambani’s Reliance Industries, has a stake in this company. FMCG company RCPL is a wholly owned subsidiary of Reliance Retail Ventures, a subsidiary of Reliance Industries.
Reliance Consumer Products had completed the purchase of 51 percent stake in Lotus Chocolate Company in May 2023 for Rs 74 crore. This purchase was announced in December 2022. Promoters held 72.07 percent stake in Lotus Chocolate Company till the end of September 2024.
Shares gave 8624% return in 5 years
Shares of Lotus Chocolate Company closed at Rs 1282.50, down 3 percent on BSE on January 13, 2025. 5 years ago on 13 January 2020 the share price was Rs 14.7. If we calculate, since then till now the share price has strengthened by 8624.49 percent. If someone had bought shares worth Rs 10,000 in the company at the price of 5 years ago and had not sold them till now, then his investment would have been more than Rs 8 lakh. Similarly, an investment of Rs 20,000 would have turned into Rs 17 lakh, an investment of Rs 50,000 into Rs 43 lakh and an investment of Rs 1 lakh into more than Rs 87 lakh.
Reliance Industries will release Q3 results on January 16, there was an increase in income in the September quarter.
Lotus Chocolate Company shares rose 300% in one year
Lotus Chocolate Company is a small cap company. Its market cap is at the level of Rs 1600 crore. The face value of the share is Rs 10. The share price has risen 300 percent in the last one year. The stock had touched a 52-week high of Rs 2608.65 on August 26, 2024 on BSE. The 52-week low of Rs 301.35 was recorded on March 15, 2024.
Profit increased by 515% in Q3
The company’s revenue from operations increased by 182.69 percent year-on-year to Rs 146.69 crore in the October-December 2024 quarter. A year ago it was Rs 51.89 crore. Lotus Chocolate Company’s net profit for the December 2024 quarter was recorded at Rs 3.71 crore, an increase of 515.7 percent year-on-year, from Rs 60.38 lakh a year ago. Expenses stood at Rs 143.43 crore, up from Rs 51.75 crore in the December 2023 quarter.
HCL Tech Q3 Results: December quarter profit increased by 5%, fourth interim dividend of ₹18 announced
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.
Disclaimer: Moneycontrol is part of the Network18 Group. Network18 is controlled by Independent Media Trust, whose sole beneficiary is Reliance Industries.