From Rs 70 to Rs 1500: This readymade garment stock has swelled investor's pockets in a demi-decade
If you had invested Rs 1 lakh in this multibagger readymade garment it would have become Rs 20 lakh now.
Cantabil Retail India Ltd is in the business of designing, manufacturing, branding and retailing apparel under the brand names “CANTABIL” and “La FANSO”.
The shares of this Small-Cap readymade garment company have given mindboggling exponential returns in the last 5 years. Depending on the time of investment, an investor’s money would have grown by 190 per cent, 350 per cent, 600 per cent and 2000 per cent in the last 1 year, 2 years, 3 years and 5 years, respectively.
Cantabil Retail have significantly outpaced the benchmark S&P BSE Sensex which had increased by 1.34 per cent in the last one year whereas S&P BSE Smallcap has risen by 5.67 per cent in the same period. The stock logged a 52-week high of Rs 1595 on September 09, 2022, while its 52-week low of Rs 459.90 was on September 21, 2021.
Cantabil caters to all the segments (Men, Women and Kids) with a wide range of products largely catering to the middle class with over 300 stores across India.
At the closing bell, the shares of Cantabil Retail India Ltd were quoting Rs 1505 with a gain of 0.81 per cent over its previous close.
Watch out for this scrip for the upcoming trading sessions!