September 22, 2024

Shares of Suratwala Business Group have jumped 900 per cent in the last two years


Mumbai: Pune based realty company Suratwala Business Group Ltd has given excellent returns to its investors in the last two years. The share price of the company was Rs 22 on 10 November 2020 which reached Rs 220.25 on 25 October 2022. That is, the company’s stock has given 901 percent return during this period. If you had invested one lakh rupees in it two years ago, today you would have been playing for 10 lakh rupees. This company was established in 2008. It is a real estate development company developing residential and commercial projects in Pune district.

The company’s business activities include development and sale of residential and commercial properties. Along with this, the company also does the maintenance of those projects which it has built itself. Thus the company has a development business and maintenance business. Suratwwala Business Group Company is part of BSE M Group. The company has a market cap of Rs 374.58 crore and is currently trading with a P/E multiple of 26.96. Suratwala Business Group was listed on the BSE MSE platform. The company had conducted postal ballots from September 4 to October 3 to go to the mainboards of BSE and NSE. Accordingly, there was a move on BSE M Group.

This article is powered by Dalal Street Investment Journal, India’s No. 1 investment magazine. Click here for regular updates on Winning Stocks and Recommendations.

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