440 Per cent Multibagger Return in Just 1 Year: Mukul Agrawal Backed Railway Stock Hits Upper Circuit Today, FIIs Increased Stake in Q1 FY25!
The company’s shares have delivered a multibagger return of over 440 per cent to its shareholders in just 1 year.
This Small-Cap railway infra company is engaged in manufacturing, procuring, and selling a wide range of products, including Recron, seats and berths, compreg boards, and timber woods along with its various derivatives. The company is also involved in producing and supplying an array of items to the Indian Railways and other industries. Their product portfolio includes seats and berths, Densified Thermal Bonded Blocks (DTBB), Compreg Boards and related products, ORVIN, Recron, coated upholstery fabric, furniture, and components, plywood, phenolic resin and hardener, as well as rubber flooring.
At the start of the day's trading session, shares of Oriental Rail Infrastructure Ltd opened at Rs 313.45 per share, compared to the previous day's closing figure of Rs 313.15 per share on the BSE. Finally, the shares closed at Rs 328.80 per share. The stock has rallied 5 per cent today and hit the upper circuit, reflecting strong demand in the market. The company's current market capitalization stands at Rs 2020.77 crore. Additionally, the company’s shares have delivered a multibagger return of over 440 per cent in just 1 year.
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As per the Quarterly Results, in the Q1 FY25, Oriental Rail Infrastructure Ltd recorded a revenue of Rs 123.06 crore compared to Rs 92.81 crore. The operating profit stood at Rs 13.94 crore. The net profit stood at Rs 5.86 crore compared to a profit of Rs 5.44 crore. Looking at the annual performance, the company generated a revenue of Rs 526 crore in FY24. The operating profit for FY24 was Rs 670 crore with a net profit of Rs 30 crore compared to a net profit of Rs 3 crore in FY23.
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According to the company's shareholding pattern, the promoters hold a significant 54.81 per cent stake. Public investors own 44.86 per cent of the shares, while Foreign Institutional Investors (FIIs) hold 0.33 per cent in the company which was earlier 0.02 per cent. Ace Investor Mukul Agrawal holds a 5.53 per cent stake.
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Investors must keep this stock on their radar.
Disclaimer: The article is for informational purposes only and not investment advice.