Multibagger stock: If you are looking for a better stock for investment, then you can monitor the shares of Nibe Limited. This stock has traveled from Rs 11.65 to Rs 1213.60 in the last 5 years. In this way, it has given great returns to its investors in a short time. On Friday, the stock fell by 5.20 per cent and it closed at Rs 1213.60 on BSE. With this decline, the company’s market cap declined to Rs 1,735.03. The stock is about 46 per cent down from its 52-whee high of Rs 2245.40.
How to remain quarterly results of Nibe
The December quarter saw a good increase in the company’s revenue, although its profit decreased. The company’s consolidated net profit declined by 56.23 per cent to Rs 1.93 crore in the third quarter of FY 2025, as compared to Rs 4.41 crore in the third quarter of FY 2024.
However, the company’s revenue increased by 137.16 per cent to Rs 148.68 crore in the same period, which was Rs 62.69 crore in the same quarter of the previous year. The company’s total expenditure was seen by 151.74 per cent as compared to the previous year, which increased to ₹ 148.38 crore. The cost of consumed materials declined by 39.25 per cent to ₹ 7.38 crore as compared to the previous year, while Employee benefit expenditure increased by 46.33 per cent to ₹ 4.39 crore compared to the previous year.
NIBE shares display
NIBE shares have been under pressure for a long time. This stock has come down by about 46 percent from its 52-whee high. The company’s shares have fallen by 34 per cent in the last 6 months. So far this year, this stock has lost 27 percent. At the same time, it has given flat returns in the last one year. However, in the last 5 years its investors have received a bumper return of 10,317 per cent.
In February 2020, the price of a share of the company was just Rs 11.65, which has increased to Rs 1,213.60 in today’s time. This means that investors’ money has increased by 104 times during this period.
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