Multibagger Stock From Education Sector In Green After Announcing Stellar Results; PAT Jumps 1,047 Per Cent In Q3FY25
The stock more than doubled by giving multibagger returns of 140 per cent from its 52-week low of Rs 52.01 per share and a whopping 1,100 per cent in 5 years.
On Thursday, shares of Shanti Educational Initiatives Ltd (SEIL) gained 5.9 per cent to Rs 124.70 per share from its previous closing of Rs 117.80 per share.
Shanti Educational Initiatives Ltd (SEIL), a division of the Chiripal Group based in Ahmedabad, India, offers a comprehensive range of educational services. Their network includes Shanti Asiatic Schools, operating in multiple cities with over 25,000 K-12 students enrolled, and Shanti Juniors, a chain of over 300 preschools across 74+ cities. In 2013, SEIL launched Shanti's Hopskotch Preschool, catering to parents seeking a premium preschool experience with a global learning approach and a clean environment.
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According to Quarterly Results, the net sales increased by 544 per cent to Rs 20.55 crore and net profit increased by 1,047 per cent to Rs 1.95 crore in Q3FY25 compared to Q3FY24. In its nine-month results, net sales increased by 149 per cent to Rs 40.15 crore and net profit increased by 59 per cent to Rs 7.54 crore in 9MFY25 compared to 9MFY24. Looking at its annual results, net sales increased by 73.3 per cent to Rs 19.05 crore and net profit increased by 8.3 per cent to Rs 3.65 crore in FY24 compared to FY23.
The company has a market cap of Rs 1,965 crore. The stock more than doubled by giving multibagger returns of 140 per cent from its 52-week low of Rs 52.01 per share and a whopping 1,100 per cent in 5 years. Investors should keep an eye on this Small-Cap stock.
Disclaimer: The article is for informational purposes only and not investment advice.