Multibagger Shares: In the world of the stock market, there are many small and unknown companies that have turned their investors from millionaires to billionaires in just a few years. One such stock is W S Industries. It is a global electric and infrastructure development company with a market value of approximately 575 crore rupees. This company has given its investors a return of more than 100 times in just 3 years. On Wednesday, August 2, the shares of W S Industries closed at 138.35 rupees on the Bombay Stock Exchange (BSE) with a gain of about 2%. This is the highest level for the stock in the past several years.
However, three years ago, on August 7, 2020, the effective price of its shares on BSE was only 1.25 rupees. Thus, in the last 3 years, the price of this share has increased by a whopping 10,968%.
This means that if an investor had invested 1 lakh rupees in this share three years ago and had not sold the investment until now, it would have grown to approximately 1.10 crore rupees, showing a remarkable increase of around 10,968%, making that person a millionaire turned billionaire.
W S Industries has also shown strong performance recently. In just the past month, the company’s shares have surged by 39.68%. Moreover, since the beginning of this year, the share has risen by approximately 772.87%. Over the last year, the stock has provided its investors with a staggering return of 860.76%.
Speaking about the financial performance of the company, in the last quarter (March-end), it recorded a total revenue of 53.6 crore rupees and reported a net loss of 40 lakhs. Promoters hold a 57% stake in the company, while the rest is with the public.
Disclaimer: The information provided here is based on the stock’s performance. It is essential to note that investment in the market is subject to risks. Before investing, always seek advice from an expert. FinanciallyPro.in does not provide any investment advice to anyone.
