52-week high alert: This multibagger heavy electrical equipment company reports a 223.91 per cent increase in operating profit!

Praveenkumar Yadav
/ Categories: Trending, Mindshare
52-week high alert: This multibagger heavy electrical equipment company reports a 223.91 per cent increase in operating profit!

Shares of the company gained more than 150 per cent in the last one year.

Shares of Schneider Electric Infrastructure Limited made a fresh 52-week high of Rs 308.00. In the last six months, the stock has gained about 50 per cent.

In the recent quarter, the revenue of the company for Q4FY23 stood at Rs 410.51 crore which grew by 20.73 per cent YoY. The operating profit of the company stood at Rs 64.91 crore, which grew by 223.91 per cent. The PAT of the company stood at Rs 44.84 crore, with an increase of 63,960 per cent.

Shares of Schneider Electric Infrastructure Limited have given multibagger returns during the last one year. The shares of the company jumped from Rs 108.20 on July 18, 2022, to Rs 297.00 on July 18, 2023, an increase of about 159 per cent in one year holding period.

On Tuesday, the stock opened at Rs 279.75, with a high and low of Rs 308.00 and Rs 279.50. The stock closed trading at Rs 292.95, up by 6.62 per cent. The stock has a 52-week high of Rs 308.00 and a 52-week low of Rs 105.40. The company has an order book of Rs 1,073 crore as of 31st March 2023.

Schneider Electric Infrastructure Limited is engaged in the business of manufacturing, designing, building, and servicing technologically advanced products and systems for the electricity network. The company’s product portfolio includes Transformers, Power Transformers, switchgear, Medium Voltage Switchgear, Protection Relays, & smart city applications.

Disclaimer: The article is for informational purposes only and not investment advice.

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