Multibagger Stock: BSE 500 Share Turns Rs 1 Lakh Into Rs 14 Lakh In 5 Years With 1368% Return – News18
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We’ve brought you one multibagger stock that became a gold mine for investors, offering good returns in the last five years.
Hitachi Energy India’s share has given multibagger return to investors.
Multibagger Stock: A multibagger stock is one that doubles an investor’s wealth in one year. Investors always attempt to get their hands on a potential multibagger stock that multiplies their investment many times over. But finding a multibagger stock isn’t easier said than done. It’s like finding a needle in a haystack.
We’ve brought you one multibagger stock that became a gold mine for investors, offering good returns in the last five years.
The stock is Hitachi Energy India. Incorporated in 1949, Hitachi Energy India Ltd specialises in power technologies and solutions for a sustainable energy future. Hitachi Energy India Limited (formerly known as ABB Power Products and Systems India Limited) is the Indian arm of Hitachi Energy – a global leader in power.
The company is a constituent of BSE 500 with a market capitalization of Rs 49,240 crore.
Hitachi Energy India Share Price History
Hitachi Energy India’s shares climbed to Rs 11,619 apiece at the last traded price from Rs 791 apiece, offering almost 1,368 per cent returns. The sharp surge in the stock’s price came from late 2023 and in the past year, the stock gained 97.49 per cent as per Google Finance.
The Indian stock market’s volatility hasn’t left Hitachi Energy India’s share untouched. In the past six months, the stocks were trading in the negative territory of -3.50 per cent.
On a Year-To-Date basis, the stocks have given a poor return of -24.94 per cent, causing a loss of wealth.
Hitachi Energy Financial Performance
Hitachi Energy reported revenue of INR 1,620.27 crore in Q3 FY25, compared to INR 1,553.74 crore in the previous quarter and INR 5,237.49 crore in FY23-24. The company’s net profit for the quarter stood at INR 137.38 crore, up from INR 52.29 crore in the previous quarter but lower than INR 163.78 crore in FY23-24. Earnings per share (EPS) for Q3 FY25 was INR 32.41, compared to INR 12.34 in the previous quarter and INR 38.64 in FY23-24. Cash EPS stood at INR 37.82, compared to INR 17.72 and INR 59.86 during the same periods.
Operating profit margin (OPM) for the quarter improved to 13.52% from 7.07% in the previous quarter but remained lower than 6.84% in FY23-24. Similarly, net profit margin (NPM) for Q3 FY25 stood at 8.48%, up from 3.37% in the previous quarter but lower than 3.13% in FY23-24.
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