Multibagger: Rs. 35.52 lakh in 6 months

The investment of Rs 1 lakh in this multibagger penny stock was Rs. 35.52 lakh. Here's what that stack is.

Multibagger: Rs. 35.52 lakh in 6 months

Mid cap company for edible oil making - Suraj Industries has turned into a multibagger stock in just 6 months. Between June 3 and December 3, 2021, the stock was trading at Rs. 78.15 is reached. In today's transaction (December 3, 2021), the stock has reached the upper circuit limit of 5 per cent and is trading at Rs. 78.15 touched down. But these shares are not listed on the NSE. At current prices of Rs 2.20 per share, the company has gained 3552 per cent. The 1-year earnings per share stood at 5,958. In this case, the stock could have been bought for 45,454 shares at a time when the stock was worth Rs 1 lakh. At present the share price has multiplied by Rs. The company's current market capitalization is Rs. 67 crores.

As a result of Q2FY22, Suraj Industries net sales have seen a good jump from year to year. It reached Rs 14.96 crore in the September quarter of FY22. Similarly, the quarter to quarter quarter observed is 1082 per cent, which is 0.82 crore. EBITDA reached 1.01 crore in September 2021, an increase of 1362.5% compared to 0.08 crore in September 2020.

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The company's EPS also increased to Rs. Increased to 0.95. In the same quarter of the previous year, it was 0.11 paise. SWOT Analysis of Suraj Industries The Suraj Industries shares are trading above the 5-day, 20-day, 50-day, 100-day and 200-day moving average. According to SWIP's analysis of the scrip, the main strength is the increase in net cash flow and cash from operating activity. But its weakness and anxiety, in other words, is a low Piotrowski score. And it is one of the companies with the weakest financial position. The company has a P / E of more than 40%.

As far as Suraj Industries is concerned, Vanaspati and the oil company offer product range under the Angan and Apna brand. It also offers liquor products under the brand name Old Monk Rum. The firm is also involved in the real estate business. The company was founded in 1992 and is based in Noida, Uttar Pradesh.

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