Todays multibagger: This company made a new all-time high after soaring 772 per cent in just one year!

The company was established during the year 1992 in Ahmedabad to provide quality edible oil to the consumers of Gujarat.

Ambar Protein Industries' shares rallied on Wednesday and touched an all-time high on BSE at Rs 67.30 per share after being locked in the 5 per cent upper circuit. The stock has climbed 772 per cent in just one year! It surged nearly 188 per cent over the last six months while giving stockholders returns of 70 per cent in just one month!  

Regarding the company’s financial performance, it recorded net sales and other operating income of Rs 90.53 crore thereby, declining 4.89 per cent from Rs 95.19 crore registered in Q4FY21. Q4FY22 registered a net profit of Rs 3.56 crore in comparison with the net profit of Rs 1.23 crore in the same quarter of the previous year, surging 189.44 per cent.    

The company is valued at Rs 38.70 crore on the market. As of March 31, 2022, promoters owned 74.97 per cent of the firm while non-institutional investors held a combined 25.03 per cent stake.  

Ambar Protein Industries was established during the year 1992 in Ahmedabad to provide quality edible oil under the brand name ‘Ankur’ to the consumers of Gujarat. The company's product portfolio includes Ankur Refined Cottonseed Oil, Ankur Refined Sunflower Oil, Ankur Refined Soyabean Oil, and Ankur Refined Corn Oil.   

Keep a close eye on this scrip for the upcoming sessions.