support@headlinenews360.com
Even though there is a decline in the stock market these days, but if we talk about the last one year, the Indian stock market has given amazing returns to the investors. Especially some stocks made investors rich. Today in this news, we will tell you about one such share, which has traveled from Rs 64 to Rs 741 in the last few years.
What is the name of multibagger share?
The name of the multibagger share we are talking about is Indian Metals and Ferro Alloys Ltd. On March 27, 2020, the price of this share was Rs 55.20. At the same time, at the time of closing of the market on Thursday i.e. on 14 November 2024, the price of this share was Rs 741.50. If we talk about its 52 week high, it is Rs 880 and if we talk about its 52 week low, it is Rs 471.50.
How are the company’s fundamentals?
Talking about the market capital of the company, it is Rs 3,972 crore. Whereas the PE of the stock is 9.68. Talking about ROCE of Indian Metals and Ferro Alloys Ltd, it is 23.8%. Whereas, its ROE is 18.3%. If we talk about the book value of the share, it is Rs 432. Whereas, the face value of this share is Rs 10.
What work does the company do?
Indian Metals & Ferro Alloys Ltd. was established in the year 1961. This small cap company works in the metals sector. Let us tell you, this is India’s largest ferro chrome producing company. Ferro chrome of this company is mainly exported to China, Japan, Korea and Taiwan.
Disclaimer: (The information provided here is being given for information only. It is important to mention here that investment in the market is subject to market risks. Always take expert advice before investing money as an investor. ABPLive.com will give money to anyone It is never advisable to apply here.)
