Investors rushed to buy multibagger shares
Business Business: Shares of Well Forge Small Industries rose 11% today. The company’s shares reached Rs 890 on BSE late Tuesday night. A big news has come about this company. Let us tell you that Ashish Kechulia has shares in this company. This company has achieved remarkable performance in the stock market last year.
Balu Forge Industries is pleased to announce our recent acquisition of 7-axis CNC machines in various industries with special focus such as aerospace, defense and rail. This is an important suggestion. “
The stock price of this company has increased by 140% in the last three months. At the same time, those who have held the stock for six months have already gained more than 300%. Investors who have held this stock for a year have got a return of 292% so far. The company’s BSE 52-week high is Rs 890 and the current 52-week low is Rs 154.55.
Based on the company’s shares, Ashish Kechulia holds 21,90,500 Belo Forge shares. This corresponds to 2% of the stock. The company traded shares this month. Eligible investors will get a dividend of Rs 0.15 per share.
According to data available on BSE, the company’s revenue stood at Rs 12,299 crore in the June quarter. Meanwhile, the net profit during this period stood at Rs 2,406 crore.
