Today, shares of the company saw a spurt in volume by more than  1.66 times on BSE.

The stock gave multibagger returns of 120.19 per cent in just 1 year whereas BSE small-cap Index rose by only 3.19 per cent.

The President of India owns the majority of the company (63.17 per cent), with the remainder divided among FIIs, DIIs and the general public.  

The stock delivered a multibagger return of 135.38 per cent in just six months, while the BSE Sensex gained only 17.84 per cent.

The stock has a PE multiple of 3.49 whereas the sectoral PE multiple is 33.4 and an ROE of 208 per cent. This all points to effective managerial performance which explains why this stock saw only buyers this year.

The PE multiple for EIL is 13.74, while the PE multiple for the sector is 25.3. The stock generated gains of more than 45 per cent in just six months.

The company has delivered good profit growth of 61 per cent CAGR over the last 3 years. Stocks of this company are trading at a PE multiple of 11.4 and an ROE of 15.4 per cent, reflecting strong management performance.

Qualcomm Technologies is a recognised world leader in 5G technology and we are very pleased with this collaboration with Qualcomm Technologies, which also aligns with our commitment to bridge the digital divide globally.