multi bagger stock! this company’s shares deliver over 100 pc returns in 1 year
Sakuma Exports has witnessed remarkable returns over the past year, with BSE analytics reporting an impressive 81 per cent increase in the last 3 months, a substantial 92.77 per cent surge in the last 6 months, and an outstanding 109.57 per cent growth in the last 1 year.
Following the announcement of Q3 results, Sakuma Exports’ shares hit a 52-week high on Friday.
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Multi Bagger Stock: This Company’s Shares Are Up Over 1100 pc In Just 3 Years
Sakuma Exports Q3 ResultsThis small-cap company showcased robust financial performance in Q3, revealing a total income of Rs 7,699.5 crore, marking a remarkable 146 per cent quarter-on-quarter (QoQ) increase compared to the Q2FY24 total income of Rs 3,123.3 crore.
Moreover, Sakuma Exports reported a net profit of Rs 62 crore in Q3, a substantial improvement from Rs 25 crore in the previous quarter, indicating an impressive 150 per cent QoQ rise in net profit for Q3FY24.
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Multibagger Stock! Rs 1 Lakh Grows Tenfold To Rs 10 Lakh In Just Over 4 Months
The company’s management said, “By venturing into maize procurement, the company aims to tap into various industries, including ethanol and ethanol-based products production, thereby contributing significantly to sustainable development and economic prosperity,”
The 52 week high and low the share is Rs 29.70 and Rs 9.47 respectively.
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