Raghav Productivity Enhancers Limited Share - More Than 600% Return In One Year! This Stock Also Wooed Rakesh Jhunjhunwala_Pic Credit Google

Raghav Productivity Enhancers Limited Share – More Than 600% Return In One Year! This Stock Also Wooed Rakesh Jhunjhunwala

Raghav Productivity Enhancers Limited Share – More Than 600% Return In One Year! This Stock Also Wooed Rakesh Jhunjhunwala – Big investors are also looking for the multibagger of the stock market, that is, the shares that can increase manifold in a short time. One such stock is ‘Raghav Productivity Enhancers Limited’ which has given a return of more than 600 percent in a year.

Raghav Productivity Enhancers Limited Share – More Than 600% Return In One Year! This Stock Also Wooed Rakesh Jhunjhunwala

In this stock, veteran investor Rakesh Jhunjhunwala is also going to invest about Rs 31 crore. On Wednesday, there was an upper circuit of 5 percent in this stock and it reached Rs 790.30.

RPEL has said that it will issue 6,00,000 Unsecured Compulsory Convertible Debentures (CCD) to Rakesh Jhunjhunwala amounting to about Rs 30.9 crore. This preferential allotment will be on the basis of private placement. It is a bond that converts into shares on a specified date. (file photo)

This stock has been growing continuously for the last 12-13 days and has increased by about 56% percent during this period. In the last one year, this stock has given a return of about 611 percent. This stock was at Rs 111 on August 3, 2020, and on this August 3, 2021 i.e. Tuesday, it reached Rs 752.70 and on August 4, i.e. Wednesday, Rs 790.30. Today i.e. on Wednesday, there was an upper circuit of 5 percent in BSE.

In this way, this stock has given a return of about 611 percent in one year. That is, if someone had invested Rs 1 lakh in this stock a year ago, then today its share price would have crossed Rs 7 lakh as well. The stock has risen 212 per cent since the beginning of this year.

The market capitalization of this company has reached Rs 859.55 crore. According to MarketsMojo, Raghav Productivity Enhancers Limited Company has strong debt servicing capability and its debt-EBITDA ratio is very low of 0.34. In the last one year, it has given a return of about percent. Not only this, in the last 3 years, 1 year or 3 months, this stock has outperformed BSE 500.

The company has made a profit of Rs 4.28 crore in the quarter of June 2021. In the entire one year, the company has earned a profit of only Rs 0.58 crore. The company’s income grew 127 per cent to Rs 20.61 crore in the June quarter. Similarly, in the quarter of June 2021, the company’s earnings per share increased to Rs 3.94, while it was only Rs 0.58 a year ago i.e. in June 2020.

Operating since the year 2009 and Jaipur focused, this company supplies materials like Acidic Premix Ramming Mass, Silica Ramming Mass, Casting Powder to a wide variety of industries. Going forward, the company wants to increase the emphasis on supply of tundish board used in steel industry and quartz powder used in glass industry.

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