Multibagger share: If you are looking for a multibagger to get strong returns in less time than the stock market, then this news may be of your use. The stock of a company in aerospace and defense sector has given investors a thick return of about 13600 percent in the last 5 years. The stock has seen a rise of about 250 percent in just 2 years. This is multibagger Nibe limited,
The company is in the business of fabrication and machining of components. Nibe Limited Low and Medium Voltage Lines provide services related to the design, supply, construction and commissioning. It also makes critical components for defense, electric vehicles and is also in software development. The company’s market cap is Rs 2200 crore.
₹ 27 lakh made of ₹ 20000 in 5 years
Nibe Ltd’s stock was priced at Rs 11.62 on BSE on February 10, 2020. The stock was at Rs 1591.40 on 7 February 2025. In this way, 13595.35 percent returned from stock in 5 years. If someone would have invested Rs 20000 in the stock 5 years ago and will not be sold to the shares yet, then the investment would have become Rs 27 lakh. Similarly, an amount of Rs 50000 will be more than Rs 68 lakh and Rs 1 lakh.
NIBE shares climbed 3700% in 3 years
According to BSE data, NIBE LTD shares have strengthened more than 3700 percent in the last 3 years. It has seen a 9 percent rise in just one week. By the end of December 2024, the promoters had 53.08 percent stake in the company. The 52 -week high of the stock is Rs 2,245.40 and the lower level is Rs 1,100.05.
Dividend Stocks: Dividend of ₹ 11 will be available on each share, 14 February is a record date
NIBE will release the financial results of the October-December 2024 quarter on 12 February. The company’s standalone revenue was Rs 127.22 crore in the July-September 2024 quarter. Meanwhile, net profit was recorded at Rs 9.40 crore on Standalone Bay. On 6 February, NIBE inaugurated the state -of -the -art missile complex and Small Arms Complex Facility in Pune.
Disclaimer: Here the 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.