Rs 4/Share Dividend: Anil Kumar Goel’s portfolio multibagger stock to pay 200 per cent dividend, scrip gain 700 per cent!
The stock's multibagger return for the last year was 137.19 per cent
Sanghvi Movers Ltd is a Small-Cap capital good that recorded a market cap of Rs 2,473.48 crore. The firm made a net income of Rs 131.52 crore during Q4FY23, which was a rise of 0.09 per cent YoY from Rs 131.40 crore during Q4FY22. Its net profit jumped by 82.58 per cent YoY to Rs 33.92 crore in the March 2023 quarter from Rs 18.58 crore recorded in the March 2022 quarter.
For the quarter that ended on March 31, 2023, the firm recorded an EPS of Rs 7.84 as opposed to Rs 4.29 for the quarter that ended on March 31, 2022. Its net income climbed from Rs 372.25 crore in FY2022 to Rs 485.55 crore in the year ended FY2023 or by 30.44 per cent YoY.
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The shares of Sanghvi Movers currently trading at Rs 581.10 apiece up by 1.78 per cent from the previous close of Rs 570.95. The stock made a 52-week- high of Rs 597.75 and a 52-week low of Rs 205.10. The stock has produced a multibagger return over the past five years of 202.49 per cent and a multibagger return over the past three years of 718 per cent.
The stock's multibagger return for the last year was 137.19 per cent, and its YTD gain for 2023 is 71.77 per cent. During Q1FY24, the company reported a promoter shareholding of 47.25 per cent, FIIs stake of 1.64 per cent, DIIs stake of 1.73 per cent, and a public stake of 49.39 per cent. As per the shareholding of Sanghvi Movers for Q1FY24, ace investor Anil Kumar Goel held fully paid-up equity shares of 4,54,000 or 1.05 per cent stake in the company.
Disclaimer: The article is for informational purposes only and not investment advice.