#multibagger returns

[taaza-khabar]

India's biggest EV Charging solutions provider has signed a Memorandum of Understanding with Tata Motors Ltd, having an order book of Rs 13,018 crore

The stock is up by 94 per cent from its 52-week low of Rs 230.75 per share and gave multibagger returns of 600 per cent in 5 years. Tata Power EV Charging Solutions Limited, one of India’s largest EV Charging solutions providers and a subsidiary of Tata Power Renewable Energy Limited (a subsidiary of Tata Power), announced the signing of a Memorandum of Understanding (MoU) with Tata Motors…

[upcomingtradera]

[forblogmostly]

Motilal Oswal's Strategic Investment in PTC Industries: A Significant Boost as the Company Raises ₹700 Crore via QIP

In a significant financial move, PTC Industries Limited, a key player in the manufacturing and technology sectors, has successfully raised ₹700 crore through a Qualified Institutional Placement (QIP). This fundraising effort marks a crucial milestone in the company’s growth strategy, with a notable investment of over ₹210 crore coming from the prominent financial services firm Motilal Oswal. This investment highlights the growing confidence in PTC Industries' business prospects and its strategic importance in the market.

The QIP, which saw the issuance of 5.3 lakh equity shares, was conducted at an issue price of ₹13,199.7 per share. This price represented a 5% discount to the floor price, making it an attractive opportunity for institutional investors. The significant participation of Motilal Oswal underscores the firm's belief in the long-term potential of PTC Industries. Specifically, Motilal Oswal’s Large and Midcap Fund acquired 1 lakh shares, while its Long Term Equity Fund purchased an additional 59,236 shares. This combined acquisition, totaling 1.59 lakh shares, amounted to an investment of just over ₹210 crore, effectively giving Motilal Oswal a 30 percent stake in the total QIP issue.

The participation of Motilal Oswal in the QIP is not only a vote of confidence in PTC Industries' current operations but also a strategic move that aligns with the fund’s long-term investment objectives. Alongside Motilal Oswal, other significant players in the financial sector, including HSBC and Societe Generale, also participated in the QIP. HSBC invested ₹130 crore, while Societe Generale contributed ₹60 crore, further diversifying the investor base and adding to the financial strength of PTC Industries.

PTC Industries is known for its extensive manufacturing capabilities, particularly in the production of earth-moving equipment, fork and machine tools, pumps, and spare parts. The company is also a significant exporter of stainless steel castings and non-ferrous alloys, supplying critical components to various industries worldwide. This diverse portfolio has positioned PTC Industries as a reliable supplier in both domestic and international markets.

The timing of this QIP is particularly noteworthy given the current performance of PTC Industries' stock. At the time of the QIP announcement, the stock was trading at ₹14,470.70 per share on the National Stock Exchange (NSE), reflecting a marginal increase of 0.31 percent. The company’s stock has been on an impressive upward trajectory, rising by 72.47 percent over the last six months. Moreover, in 2024 alone, PTC Industries has delivered a remarkable 118.04 percent return on the Bombay Stock Exchange (BSE), solidifying its status as a multibagger stock. Over the past year, the stock has appreciated by 141.72 percent, demonstrating the company’s robust financial performance and the market’s positive sentiment towards its future growth.

PTC Industries’ recent success is not limited to financial achievements. In June 2024, the company announced a strategic partnership with leading defense entities under the Defence Testing Infrastructure Scheme (DTIS). This collaboration is part of the Indian government’s 'Make in India' initiative, aimed at bolstering domestic production capabilities in the defense and aerospace sectors. As part of this initiative, PTC Industries is developing a state-of-the-art greenfield defense testing facility at the Lucknow Node of the Uttar Pradesh Defence Industrial Corridor. This facility is expected to play a crucial role in enhancing India’s defense manufacturing infrastructure, further positioning PTC Industries as a key contributor to the nation’s strategic objectives.

The successful QIP, coupled with strategic investments and partnerships, places PTC Industries on a strong footing for future growth. The infusion of ₹700 crore will likely be used to expand the company’s manufacturing capabilities, invest in new technologies, and explore new market opportunities. For investors, the strong performance of PTC Industries’ stock, combined with its strategic initiatives, makes it a compelling investment opportunity.

As PTC Industries continues to build on its successes, the involvement of institutional investors like Motilal Oswal will be crucial in supporting the company’s long-term vision. With its diverse portfolio, strategic partnerships, and robust financial performance, PTC Industries is well-positioned to continue its upward trajectory in the competitive landscape of manufacturing and technology.

[futurecapstocks]

E2E 1500% Returns

E2E 1500% Returns from Hidden Gem Sell 50% & Hold Remaining SUBSCRIBE for new VFX Multibagger which Advisor Invested

[investmenttips]

StreetGains is your go-to source for multibagger stock tips, offering expert guidance to help you identify and invest in stocks with the potential for exceptional returns. With a deep understanding of market trends and careful analysis, StreetGains provides reliable multibagger stock tips that can help you build a robust and profitable investment portfolio.

[stockyfly]

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[virenkpatel01]

These Tata power best long term stocks can give you high returns in future. India's best multibagger stocks in 2024.

[3acesnews]

A FTSE 250 growth share I'd buy to target a multibagger return

[petnews2day]

Latest Market News Today Live Updates June 14, 2024: 70% of Nifty Realty stocks delivered multibagger returns in one year with Sobha leading the pack; check others

New Post has been published on https://petn.ws/KnTYC

Latest Market News Today Live Updates June 14, 2024: 70% of Nifty Realty stocks delivered multibagger returns in one year with Sobha leading the pack; check others

Latest Market News Today Live Updates: Catch today’s market wrap-up! Track Nifty 50 and Sensex movements, along with top gainers and losers. See how Asian and US markets fared and which sectors led the charge (or declined). Summary: Follow Mint’s market blog for real-time updates on your favourite companies. This blog keeps you informed on […]

See full article at https://petn.ws/KnTYC #OtherNews

[journalheads]

Dividend stock: Multibagger chemical stock declares final dividend for fourth straight year

Fineotex Chemical, a leading player in the chemical industry, is one of the dividend-paying stocks of the Indian stock market. The dividend stock has declared a 20 percent final dividend for its eligible shareholders, payable in the financial year 2023-24. After declaring this final dividend for FY24, the multibagger stock has gone on to announce a final dividend for the fourth year in a row. The chemical company declared a final dividend in FY21, FY22, and FY23 as well. The company announced the final dividend while announcing its Q4 results in 2024 on Wednesday evening. Fineotex Chemical dividend details The multibagger chemical stock informed the Indian stock market exchanges about the decision, saying, "In compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, it is informed that the Board has recommended a final dividend of Rs. 0.40/- per equity share (20% of face value of Rs. 2/- each) which amounts to Rs. 4,46,93,995.60/- (Rupees Four Crore Forty-Six Lacs Ninety Three Thousand Nine Hundred and Ninety Five Sixty Paise only) subject to the approval of members at the ensuing Annual General Meeting." Fineotex Chemical's dividend history As per the information on the official website of BSE, this is the fourth straight year when the dividend stock has declared its final dividend. The multibagger stock traded 'ex-dividend ', a term used to indicate that the buyer of the stock on or after this date is not entitled to the recently declared dividend, on 8 July 2021 for finalizing the list of eligible shareholders for payment of ₹0.30 per share final dividend. On 28 July 2022, the dividend stock traded ex-dividend for payment of ₹0.40 per share final dividend to the eligible shareholders. Last year, on 8 September 2023, Fineotex Chemical shares traded ex-dividend to ascertain eligible shareholders for payment of ₹0.80 per share final dividend. In 2024, the dividend-paying stock traded ex-dividend on 26 February to ascertain the list of eligible shareholders for payment of ₹1.20 per share as an interim dividend.

Fineotex Chemical Q4 results Fineotex Chemical's Q4 results have shown a promising increase in revenue. Revenue from Operations for the quarter rose to ₹153.01 crore from nearly ₹137.69 crore, marking an impressive growth of 11.13 percent. This positive financial performance is a testament to the company's strong position in the market and its ability to deliver consistent returns to its shareholders.

The Profit after tax (PAT) for the quarter ended has increased to around ₹30.48 crore from around ₹26 crore, i.e., a growth of 17.21 percent.

Multibagger stock Fineotexh Chemical's share price rose from around ₹15 to ₹365 per share in the post-COVID period, a period marked by the company's resilience and adaptability to the changing market conditions. In these nearly four years, the chemical stock has delivered a whopping 850 percent return to its positional shareholders, a testament to our strong fundamentals and the trust of our investors.

[financemadeeasy]

Identifying Multibagger Stocks: Key Strategies and Analyses

find out how to identify a multibagger stock and how to analyze it

Finding a multi-bagger stock—one that can give returns multiple times its cost—is the holy grail of investing. While there is no guaranteed formula, certain strategies and analyses can increase your chances of identifying such stocks. Here’s a comprehensive guide to help you in your quest for multi-bagger stocks: 1. Understand the Concept of Multibagger Stocks A multi-bagger stock is one that…

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Servotech Power Systems Leads the Charge in Solar Solutions with Strategic DISCOM Enrollment

Servotech Power Systems Ltd. is emerging as a trailblazer in the renewable energy sector, showcasing remarkable growth and strategic foresight. The company's shares recently soared by 8.51%, reaching an all-time high of Rs 145.65 per share, a significant leap from its previous closing of Rs 134.23 per share. This surge is part of a larger narrative of rapid expansion and innovation that has characterized Servotech's journey over the past three years, during which the stock delivered an astounding multibagger return of 5,680%.

At the core of this growth is Servotech's strategic enrollment with 62 DISCOMs across India under the Pradhan Mantri Surya Ghar Muft Bijli Yojana. This initiative, designed to promote solar energy adoption in households, has been met with overwhelming enthusiasm, with over 1.28 crore registrations and 14 lakh applications. By aligning with this government-backed program, Servotech is not only solidifying its market position but also making solar energy solutions more accessible and affordable to consumers nationwide.

Servotech's commitment to driving India's energy transition is further evidenced by its extensive range of high-quality solar products and EV chargers. These innovations are backed by over 20 years of experience in the electronics industry, positioning Servotech as a key player in the development of India's renewable energy infrastructure. The company's focus on sustainability and customer satisfaction has earned it a trusted reputation, which it continues to build upon with each new partnership and product launch.

Under the leadership of Sarika Bhatia, Director of Sales, Servotech is poised to capitalize on the growing demand for clean energy solutions. Bhatia has expressed pride in the company's role in advancing the government's vision of a solar-powered India. She emphasized that Servotech's strategic moves, including the DISCOM enrollments, are empowering individuals and communities to reduce their carbon footprint and achieve long-term cost savings through the adoption of solar energy.

As Servotech Power Systems continues to expand its reach and impact, the company is not just participating in the renewable energy revolution but is actively shaping the future of sustainable living in India. With a market cap exceeding Rs 3,200 crore, Servotech is positioned for continued success as it leads the charge toward a greener, more sustainable future.

[optionperks]

Go Digit IPO: At ₹7 crore, Virat Kohli, Anushka Sharma to make multibagger return of 263% on launch of issue

Their investment of ₹2.5 crore could see a handsome multibagger return of 263%, with the upper price band set at ₹272. This would elevate the value of their investment to ₹9.06 crore, resulting in a notional profit of ₹6.56 crore.In January 2020, the Indian cricketer purchased 266,667 shares at a unit price of ₹75 each through a private placement, resulting in a total investment of approximately ₹2 crore. At the same time, the bollywood actress made an investment of ₹50 lakh, purchasing 66,667 shares of the company at ₹75 per share. At the upper price band, the estimated worth of her investment would be approximately ₹1.85 crore. Go Digit IPO details Go Digit announced, on Friday, that the upcoming ₹2,615 crore IPO for open for subscription on May 15 and will close on May 17, with a price band of ₹258 to ₹272 per share.

The issue includes a fresh issue of shares valued at ₹1,125 crore and an offer for sale (OFS) of 54,766,392 shares. Investors have the opportunity to bid for a maximum of 55 equity shares, with increments of 55 shares thereafter. The IPO allocation reserves 75% for QIBs (qualified institutional buyers), 15% for non-institutional investors, and the remaining 10% for retail investors.

[investmenttips]

StreetGains specializes in providing multibagger stock tips, helping investors identify stocks with potential significant returns. Our expert analysts meticulously research and select high-growth stocks that can multiply your investments.

URL: https://streetgains.in/multibagger-stock-advisor