An investment of Rs 1 lakh five years back in this stock would have accumulated Rs 22 lakh now!
The stock in question is a readymade garment company, which has given exponential returns of 22 times in the last five years, rising from the levels of Rs 70 to Rs 1,550.
Cantabil Retail India Ltd is in the business of designing, manufacturing, branding, and retailing apparel under the brand names - ‘Cantabil and ‘La FANSO’. Cantabil caters to all three segments (men, women, and children) with a wide range of products largely catering to the middle class with over 300 stores across India.
The shares of this Small-Cap retail garment company have significantly outpaced the benchmark S&P BSE Sensex, which had increased by 2.37 per cent in the last one year whereas S&P BSE Smallcap has risen by 6.62 per cent during the same period.
An investment of Rs 1 lakh in this stock just six months back would have more than doubled to Rs 2,11,000, giving a price return of 111 per cent while a year back, it would have garnered Rs 3,77,000, giving a price return of 277 per cent! Similarly, in a duration of five years, this stock would have accumulated Rs 22,22,000, giving a price return of 2,122 per cent!
The shares of Cantabil Retail logged an all-time high on August 30 at Rs 1,585 while in today’s session, it closed at Rs 1,549 with a gain of 3.04 per cent over its previous close.
Keep a close eye on this scrip for the upcoming trading sessions to see whether it logs a fresh all-time high or not!