Investors are getting tremendous benefit of continuously touching new heights of the stock market. The stock of this company has given a return of 410% in the last one year. Know whether it is still a good option to invest.
The stock of Hinduja Global Solution (HGS) has soared in the last one year. The company’s stock was at Rs 666 in June 2020, which has increased to Rs 3,397.6 in June 2021. In this way, investors have got a return of about 410% on the company’s stock.
The return of investment in the share of Hinduja Global Solution is so good that anyone who had invested Rs 5 lakh in it a year ago would have been so good. He will get Rs 25.5 lakh at present. During this period, the growth of the entire Sensex has been only 42%.
Now if we talk about whether the stock of Hinduja Global Solution is a good investment option at present or not, then on Thursday, 12 August 2021, the company’s stock remains in 5% upper circuit in the trading for the second consecutive session. The company’s stock has been in the green zone for the last 200 days to 5 days.
Hinduja Global Solutions reported a profit of Rs 117.02 crore for the quarter ended June 2021. Whereas in the same period last year, the company’s profit was only Rs 47.94 crore. The operating income of the company has also increased by 25% to Rs 1,550.52 crore from Rs 1,235.89 crore in the quarter ended June 2020.
Shares of Hinduja Global Solutions closed at Rs 3,235.85 on the previous day. On Thursday, it opened with a gain of 5% at Rs 3,397.60. Due to this the market capitalization (M-Cap) of the company has increased tremendously and it is Rs 7,094 crore.
According to MarketsMojo, the balance sheet of Hinduja Global Solutions is in profit for the last four quarters. In such a situation, the company is still at a fast pace. And its shares are also continuously in the bullish range.
