Tinna Rubber Share Price ππ°
If you are looking to invest in a multi-bagger stock, then Tinna Rubber and Infrastructure stock is worth considering. This small-cap stock has delivered impressive returns in a short period of time. The company’s share price closed at INR 599.10 on 29th January, representing a 6.41% increase. This has led to the company’s market capitalization reaching INR 1,026 crore. The stock has seen a 52-week high of INR 660 and a low of INR 168.50.
Impressive Quarterly Results π
Tinna Rubber and Infrastructure’s net revenue has increased from INR 65.38 crore in Q2FY23 to INR 79.69 crore in Q2FY24, showing a year-on-year growth of 21.8%. Additionally, the company’s net profit has grown from INR 42 million in Q2FY23 to INR 76.2 million in Q2FY24, which is a remarkable 81% growth. Promoters hold 73.81% of the company’s shares, followed by public shareholders at 25.37% and foreign institutional investors at 0.82%.
Impressive Performance ππͺ
In the past six months, Tinna Rubber and Infrastructure’s share has witnessed an impressive surge of nearly 50%. Over the past year, the stock has delivered a staggering 209% return. In the past two years, the company’s shares have surged by 306%. Notably, investors have enjoyed a bumper return of 6180% over the past four years. As of Wednesday (31st January, 2024), the share was trading at INR 669, reflecting a decline of 3.86%.
Exponential Growth ππΈ
In January 2020, the company’s share price was INR 9.55, which has now increased to INR 599.95. This means that investors’ money has grown nearly 63 times during this period. For instance, if an investor had invested INR 1 lakh in the stock four years ago, it would be worth INR 63 lakh today.
Tinna Rubber Share Price has shown tremendous growth, making it an attractive investment option. With its impressive quarterly results and exponential growth, this stock has caught the attention of investors. So, keep an eye on Tinna Rubber and Infrastructure stock for potential multi-bagger returns! πΌππ°
Disclaimer: This is News Coverage with Opinions of Experts and Should Not Be Taken as Direct Market Buying Tip. Market is always subject to risk. We recommend taking our content as research before investing.
