Mumbai3 minutes ago
- Copy link
Banganga Paper Industries Limited mainly makes craft paper and stationery items.
Multibagger Penny Stock Banganga Paper Industries has given a return of 467% in the last 1 year. The company’s stock was at Rs 13.87, which has increased by Rs 64.83 to Rs 78.70 on May 20.
In such a situation, if an investor would have invested 1 lakh rupees in the shares of this company 1 year ago. So it has now increased to 5.67 lakh rupees. That is, it has benefited by Rs 4.67 lakh in 1 year.
839% return in two and a half years The company’s shares have climbed Rs 70.32 (839%) in the last two and a half years. It was at Rs 8.38 on 23 December 2022. However, so far this year, its stock has not seen any special rise. This year, it has climbed Rs 1.30 (1.68%) till 20 May.
Today the company’s stock declined Today, the shares of Banganga Paper Industries fell by 3.44%. The company’s stock fell by Rs 2.80 to close at Rs 80 today. At the same time, its stock has risen 1.10% in the last 5 business days.
Company’s profit up 9900% in March 2025 quarter The company has a net profit of Rs 1.00 crore in the quarter ended March 2025, while the net profit was Rs 0.01 crore during the last quarter ended March 2024. That is, it has a growth of 9900% on a quarterly basis. At the same time, the company has a net profit of 1.88 crore in FY 2024-25. Whereas in the last year There was a loss of 0.02 crores.
At the same time, sales increased by 18527.27% to Rs 20.49 crore in the quarter ended March 2025, as compared to Rs 0.11 crore during the last quarter ended March 2024. The annual sales increased by 14,797.44% to Rs 58.10 crore, which was Rs 0.39 crore in the year ended March 2024.
The company makes a craft paper Banganga Paper Industries Limited mainly makes craft paper and stationery items. It is used for the packaging industry, especially for e-commerce, food packaging (fruits, vegetables, and other food items), and other industrial uses.
What are multibagger penny stocks? Multibagger penny stocks are shares that trade at a very low price (usually less than ₹ 10) and which is likely to give manifold returns in the future. The term “multibagger” means that investment can give manifold (2x, 5x, 10x or more) returns. These stocks are often of small or medium companies, which are prone to high risk and high returns.
Disclaimer: This story is only for information. We advise investors to consult certified experts before taking any investment decision.
Source link
[ad_3]