WPIL Share Price; 3 rupee share became the key to the treasure, gave a thousandfold return; Should you buy the stock?
Share of WPIL
This three rupee share has given its investors more than 60 thousand percent multibagger returns so far. 1791 is the 52-week high of the stock while the low is Rs 802.40. Also, in the last five sessions of the market, the stock has seen a boom and the stock has increased by around 53 percent. During the same period, the stock has rebounded from Rs 1,158 to Rs 1,745.
Meanwhile, talking about the history of the share, on February 28, 2003, a share of WPIL was available at Rs 2.80 in the Bombay Stock Exchange. On February 14, it reached Rs 1745.05. Investors have been given a return of 62,400 percent during this period. Thus, if an investor had invested Rs 1 lakh in this stock on February 28, 2003, he would have now received Rs 6.23 crore.
Quarterly results of the company
Not only this, the shares of the company have increased by 53 percent in the last four trading sessions. The company recently reported excellent results in the December quarter which seems to be impacting the shares as well. During the period, the company’s profit after tax (PAT) grew by 459 percent year-on-year to Rs 83.70 crore. In the third quarter of the year, the company’s revenue has increased by 106 percent year-on-year to Rs 507.2 crore. EBITDA margin also increased by 732 basis points to 20.9 percent during the quarter.
Learn about the company
WPIL is consolidating its position as a leading pump and pumping systems company in India. The company has expanded its operations globally and currently produces through its group companies in Italy, France, Switzerland, South Africa, Zambia, Australia and Thailand. Apart from this, the company is also expanding into new markets and is looking to become a global leader in this field.
(Note: The information given here is only about stock performance, it is not investment advice. Investing in stock market is subject to risk and consult your advisor before investing.)