Vijay Kedia gains Rs 1,24,03,537 from this multibagger penny stock in just 5 days; Do you have it?
Vijay Kedia gains Rs 1,24,03,537 from this multibagger penny stock in just 5 days; Do you have it?

Vijay Kedia gains Rs 1,24,03,537 from this multibagger penny stock in just 5 days; Do you have it?

The stock has been a multibagger over the past 3 years, with a return of 290 per cent.

Kiran Shroff Article rating: 3.9

The company has over Rs 2,961 crore worth of projects in its order book as of June 30, 2023. The shares of the company have a PE of 30x, an ROE of 1.92 per cent and a ROCE of 7.46 per cent.

Vijay Kedia bought 4,30,000 shares and Societe Generale bought 1,41,190 shares in this multibagger auto company; stock hits back-to-back 52-week highs!
Vijay Kedia bought 4,30,000 shares and Societe Generale bought 1,41,190 shares in this multibagger auto company; stock hits back-to-back 52-week highs!

Vijay Kedia bought 4,30,000 shares and Societe Generale bought 1,41,190 shares in this multibagger auto company; stock hits back-to-back 52-week highs!

Since its listing which is December 30, 2002, the stock has gained a whopping 40,000 per cent.

Kiran Shroff Article rating: 4.1

According to the quarterly results (Q1FY24), the company reported a net sales of Rs 59.65 crore, an operating loss of Rs 4.25 crore and a net loss of Rs 9.41 crore. In FY23, net sales increased by 62.85 per cent to Rs 513 crore compared to net sales of Rs 315 in FY22. The company reported a net profit of Rs 3 crore in FY23 compared to a net loss of Rs 25 crore in FY22.

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