Small packet big bang! This multibagger share of 5 rupees given bumper returns makes investors rich – Lloyds metals and energy share price this multibagger share of 5 rupees given bumper returns makes investors rich
Shares of Lloyds Metals closed down 0.16 percent at 286.10 on the BSE on Thursday. Also, just three years ago on March 27, 2020, the company’s shares were priced at Rs 5.58. Since then, the company’s shares have gained about 5,622 percent. That means if an investor had invested Rs 1 lakh in shares of Lloyds Metals three years ago and had not sold them till date, the value of Rs 1 lakh would have increased by around 5,622 per cent to Rs 57.22 lakh today.
Financial condition of the company
The company’s net profit for the December quarter of the current financial year was Rs 230.03 crore. In the same quarter of the previous financial year, the company had incurred a loss of Rs 26.2 crore. On a quarterly basis, the company’s profit increased by 61 percent to Rs 142.71 crore.
Performance of shares
The company’s shares have performed well recently. It has increased by 2.67 percent in the last one month and 54.05 percent in the last six months. At the same time, there has been a lot of volatility in the stock market during this period, while the stock has returned 110.52 percent to its investors in the last one year.
In the December quarter, the company’s total revenue grew by 495 percent to Rs 999.62 crore as against Rs 168.27 crore in the same quarter last fiscal. The company’s revenue for the September quarter was Rs 673.76 crore.