High Return Stocks: Raghav Productivity The balance between the financial health of the company and the movement of the shares is good.
New Delhi: High Return Stocks: This stock market company has given its investors more than 1850 percent profit in 5 years. The name of this company is Raghav Productivity Enhancers. It is a microcap stock. Whose price on BSE today is Rs 788.
1852 percent return in 5 years
Its share price was Rs 42.5 on 23 September 2016, about 5 years ago today, but today its price is Rs 820 per share. That is, in 5 years this stock has given 1852 percent return to its investors. This stock has given a return of 652 percent in one year. In 6 months, the company has given a return of 241 percent, although in the last one month, there was a slight softening in its shares.
1 lakh became Rs 19.52 lakh
So if you had invested Rs 1 lakh in the stock of this company five years ago, today its value would have been Rs 19.52 lakh. If Rs 5 lakh had been invested, its value would have been Rs 97.61 lakh today. If you compare it with Sensex, then Sensex has given 101% return during these five years.
The company had said on August 2 that Big Bull Rakesh Jhunjhunwala would buy 6 lakh unsecured compulsory convertible debentures (CCDs) of the company worth Rs 30.9 crore. Since then, the stock has risen by 14.38 percent from Rs 716.9 to Rs 820.
Better performance than peer companies
Raghav Productivity Enhancers has performed well in the last five years as compared to its counterpart companies. The share of Tata Steel has risen by 239.48%, JSW Steel’s share is 268.47% during this period. Apart from this, the share of SAIL, another big player of this industry, has climbed 147.43% percent in a year. Whereas Jindal Steel’s stock has given 369.09% return to its shareholders in this period.
The good thing is that the performance of the shares of Raghav Productivity Enhancers is according to its financial condition. This Jaipur-based company produces minerals on a large scale and works as a stone supplier. The company manufactures and exports Ferro Alloys, Ramming Mass, Silica Ramming Mix and Pig Iron.
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