Multibagger stock: Everyone is looking for a multibagger stock as these shares can be earned in a short time. However, the risk in these shares is also high. One such share is- Transformers and Rectifiers (India) Limited (transformers and rectifiers India). The stock saw a strong rise of 4.87 per cent on 6 February today and this stock has closed at Rs 853.55 on BSE. With this speed, the company’s market cap has increased to Rs 12810.33 crore. The stock of the stock is Rs 1,300.45 and 52-wheel is Rs 276.05.
Transformers and Rectifiers India quarterly results
In the December quarter, Transformers and Rectifyers recorded a net profit of ₹ 55 crore, which is much more than ₹ 15.6 crore in the same period last year. The company has also received ₹ 7 crore from other income. During the quarter, the company’s revenue increased by 51.5 per cent to ₹ 559.4 crore annually. Ebitda increased from ₹ 35.6 crore to ₹ 84.8 crore in the previous year, while the Ebitda margin increased from 9.6 per cent to 15.2 per cent. Last month, the company’s board approved the issue of bonus shares in 1: 1 ratio. In addition, the board has approved the company to raise ₹ 750 crore through QIP.
Transformers and Rectifiers India shares display
It has been under stock pressure for some time and has fallen by 29 per cent in the last one month. However, this stock has increased by 22 per cent in the last 6 months. In the last one year, its investors have received a strong return of 165 per cent. At the same time, it has made a bumper profit of 9643 percent in the last 5 years.
Transformers and Rectifiers India Business
Transformers and Recognition India (TRIL) is one of India’s major transformer manufacturing companies. It has a total installed capacity of 37,200 MVA, which is spread over three plants in Gujarat – Odhav (1,200 MVA), Changodar (12,000 MVA) and Morai (24,000 MVA).
The company can increase its capacity to 42,000 MVA without spending additional capital. This is possible because the construction time for repeat design order seems 20% less, and the company is currently handling many such orders.
Disclaimer: Here information provided is given on the basis of share performance. It is necessary to state that the investment in the market is subject to market risks. Always consult experts before investing money as an investor. There is never advice to anyone to invest money on behalf of Moneycontrol.