Mukul Agrawal’s portfolio multibagger stock report stellar quarterly & half-yearly results; PAT jumps 223 per cent to Rs 321.40 crore in Q2FY25
The stock gave multibagger returns of over 140 per cent from its 52-week low of Rs 1,941.05 per share.
Indian stock markets declined on Wednesday, with the two main indices, the BSE Sensex and NSE Nifty-50, both losing over 1 per cent each. Other indices also fell, with the BSE Mid-Cap and BSE Small-Cap indices down 2.56 per cent and 3.08 per cent respectively.
Along with the market in the red, one stock on NSE, plunged 4.07 per cent to Rs 4,488 per share from its previous closing of Rs 4,678.20 per share with an intraday high of Rs 4,789 per share and an intraday low of Rs 4,451.70 per share. The stock’s 52-week high is Rs 4,989.80 and its 52-week low is Rs 1,941.05.
The multibagger stock name is BSE LTD.
Bombay Stock Exchange (BSE Ltd) is an Indian Stock Exchange located at Dalal Street in Mumbai. The company facilitates a market for trading in equity, currencies, debt instruments, derivatives, and mutual funds. BSE Ltd, the first-ever stock exchange in Asia, was established in 1875. It is the Fastest Stock Exchange in the world with a speed of 6 microseconds and is one of India's leading exchange groups.
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According to Quarterly Results, the net sales increased by 137 per cent to Rs 766.32 crore and net profit increased by 223 per cent to Rs 321.40 crore in Q2FY25 compared to Q2FY24. In its half-yearly results, the net sales increased by 155 per cent to Rs 1,354.02 crore and net profit increased by 7 per cent to Rs 562.96 crore in H1FY25 compared to H1FY24. In FY24, the company reported net sales of Rs 503.21 crore and net profit of Rs 46.86 crore.
BSE Ltd has a market cap of Rs 60,757 crore and has been maintaining a healthy dividend payout of 57.2 per cent. An ace investor, Mukul Agrawal owns 1.48 per cent stake in the company as of September 2024. The stock gave multibagger returns of over 140 per cent from its 52-week low of Rs 1,941.05 per share. Investors should keep an eye on this stock.
Disclaimer: The article is for informational purposes only and not investment advice.