Multibagger Stock: Gujarat Toolroom Delivers 850% Returns in 3 Years and Raises ₹96 Crores via QIP
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Multibagger Stock: Remarkable 850% Profit in Three Years; Gujarat Toolroom Completes ₹96 Crores QIP Issue
If you are an investor or an enthusiastic watcher of the stock market, then the name Gujarat Toolroom might have come to your radar recently. Small cap stocks and the respective companies performing incredibly well in this particular segment such as this stock that has given an amazing 850% return in three year alone. Now let’s go down to the nitty-gritty of is current performance, financial growth, and prospects of this multibagger stock.
Stock Performance Overview
The Gujarat Toolroom shares reached an upper limit of 5 percent on Friday to end for ₹14.88 at the BSE. This comes after the company announced it issued ₹95.66 crore through the Qualified Institutional Placement (QIP)route. More to the point, it is the second such announcement of its kind within two months. In October this year the Gujarat Toolroom had mobilised ₹50 crore through QIP sale at issue of ₹11.50 each.
The company currently has a market capitalisation of ₹ 345.31 crore with 52 week high of ₹ 45.97 and a 52 week low of ₹ 10.75.
QIP Details
As found in Gujarat Toolroom latest QIP, the shares were issued to institutional investors these includes Bridge India Fund, Eminence Global Fund, Multitude Growth Funds Limited. The price of the issue was ₹13.30 with a premium of ₹12.30 on the face value of the share.
This is looked at as a strategic direction that the firm has taken in order to bolster its capital base so as to fund other expansion projects.
Impressive Financial Growth
The overal financial performance of Gujarat Toolroom for the years under consideration, has been nothing short of extraordinary. The organization record was an increase in gross sales from ₹2 crore in March 2023 to ₹555 crore in the next financial period in March 2024. Likewise, the net profit, which was only ₹2 crore, jumped to ₹76 crore which is a strong business dynamics..
Accordingly, the company’s net profit by March 2024 increased to ₹73 crore from ₹1 crore of the same period of the preceding year. Such exceptional growth proves thus that the company has what it takes to grow the business and also increase its operations’ efficiency while at the same time remain profitable.
Phenomenal Stock Returns
Analysing the percentage loss in stock prices of Gujarat Toolroom, the business was as low as ₹1.56 per share in January of the year 2022. In fact it has increased to ₹14.88 per share of while and now referring to today’s column. For instance, this produced an incredible eightfold return within three years – the kind of outperformance that makes a stock stand out in the small-cap space.
Company Profile
Established in the year 1963 in Ahmedabad, Gujarat Toolroom is a leading organization involved in the manufacturing and assembling sector of industrial machines and other related equipments. The company was founded in 1991 and over the years the company has expanded its service to mining and other mineral related services to different sectors. Moreover, it is still on the lookout for other potential businesses to venture into as to expand the portfolio of the management.
Key Takeaways for Investors
High Returns: It has given a return of 850 percent in 3 years and makes itbagger stock of Gujarat Toolroom.
Financial Strength: Overall, high revenue dynamics and even higher profit margins indicate stable business performance.
Growth Potential: These recent initiatives of QIP show the direction for future growth and expansion.
Investor Advisory
But while one applauds the performance of Gujarat Toolroom, it is pertinent to note that money invested in stock market are always volatile and involve risk. It’s advisable to seek legal advice before making any investment. It must be noted that this article does not constitute investment advice and is designed only for the purpose of information dissemination.”
Also Read : Top 50 Investments with the Highest Returns in 2024 and 2025: A Comprehensive Guide
Conclusion
Shocking for many, Gujarat Toolroom has become one of the best examples of multibagger shares in the market. For the next period, the company is sound mainly because it has concentrated on innovation, strategic fundraising, and superb financials. But, as with any investment, be wise and informed before diving head first into the idea.
Table of Contents
- Multibagger Stock: Remarkable 850% Profit in Three Years; Gujarat Toolroom Completes ₹96 Crores QIP Issue
- Stock Performance Overview
- QIP Details
- Impressive Financial Growth
- Phenomenal Stock Returns
- Company Profile
- Key Takeaways for Investors
- Investor Advisory
- Conclusion