200 Per Cent Returns From 52-week Low of Rs 52.01 Per Share: Multibagger Small-Cap Company Reports A 236 Per Cent Surge In Revenue
The stock gave multibagger returns of over 200 per cent from its 52-week low of Rs 52.01 per share and a whopping 1,660 per cent in 5 years.
On Thursday, shares of Shanti Educational Initiatives Ltd (SEIL) gained 0.73 per cent to Rs 157.65 per share with an intraday high of Rs 162 and an intraday low of Rs 150 from its previous closing of Rs 156.50 per share.
Shanti Educational Initiatives Ltd (SEIL), a division of the Chiripal Group based in Ahmedabad, India, offers a comprehensive range of educational services. Their network includes Shanti Asiatic Schools, operating in multiple cities with over 25,000 K-12 students enrolled, and Shanti Juniors, a chain of over 300 preschools across 74+ cities. In 2013, SEIL launched Shanti's Hopskotch Preschool, catering to parents seeking a premium preschool experience with a global learning approach and a clean environment.
According to Quarterly Results, the net sales increased by 236 per cent to Rs 9.77 crore and net profit increased by per cent to Rs 2.50 crore in Q2FY25 compared to Q2FY24. In its half-yearly results, net sales increased by 87 per cent to Rs 19.60 crore and net profit increased by 50 per cent to Rs 5.60 crore in H1FY25 compared to H1FY24. Looking at its annual results, net sales increased by 73.3 per cent to Rs 19.05 crore and net profit increased by 8.3 per cent to Rs 3.65 crore in FY24 compared to FY23.
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Additionally, Shanti Educational Initiatives Limited has acquired a majority stake in Uniformverse Private Limited for up to Rs 1 crore, aiming to expand its presence in the school uniform market.
The company has a market cap of over Rs 2,500 crore. The stock gave multibagger returns of over 200 per cent from its 52-week low of Rs 52.01 per share and a whopping 1,660 per cent in 5 years. Investors should keep an eye on this Small-Cap stock.
Disclaimer: The article is for informational purposes only and not investment advice.