Rs 58 to Rs 230: Shares of this small-cap company surged almost 300% in the last 2.5 years!

Multi-bagger Stocks

by 5paisa Research Team Last Updated: Dec 10, 2022 - 12:30 pm 8.2k Views

An investment of Rs 1 lakh in the shares of Gujarat Ambuja Exports Ltd two and a half years ago would have turned to Rs 3.96 lakh today. 

Gujarat Ambuja Exports Ltd, an S&P BSE SmallCap company, has delivered multibagger returns to its shareholders in the last 2.5 years. During this period, the company’s share price jumped from Rs 58 on 27 May 2020 to Rs 230.25 on 28 November 2022, an increase of 296.9% in the holding period. 

An investment of Rs 1 lakh in the shares of Gujarat Ambuja Exports Ltd two and a half years ago would have turned to Rs 3.96 lakh today. 

Gujarat Ambuja Exports Ltd is involved in agro-processing and trading and has focused on exports, competing in the global market. The company is one of India’s major manufacturers and exporters of the following: Edible Oil – Refined Soya Bean Oil, Refined Palm Oil, Refined RBD Palmoline and Refined Cotton Seed, Starch and Derivatives - Malto Dextrin, Malto Dextrin, Dextrin, Dextrose Monohydrate, etc. 

In the recent quarter Q2FY23, on a consolidated basis, the company’s net revenue decreased by 6.43% YoY to Rs 1077.77 crore. Subsequently, the bottom line decreased by 37.8% YoY to Rs 64.10 crore. 

The company is currently trading at a TTM PE of 12.08x against the industry PE of 15.34x. In FY22, the company delivered an ROE & ROCE of 25% and 30%, respectively. The company is a constituent of Group A stocks and commands a market capitalization of Rs 5,301.09 crore. 

Today, the scrip opened at Rs 231.55 and has touched a high and low of Rs 232.80 and Rs 229.55, respectively. Also, 14,784 shares have been traded on the bourses.  

At the closing bell, the shares of Gujarat Ambuja Exports Ltd were trading at Rs 231.15, an increase of 0.39% from the previous day’s closing price of Rs 230.25 on BSE. The stock has a 52-week high & low of Rs 393.85 and Rs 151, respectively on BSE.  

How do you rate this blog?

or

Start Investing in 5 mins*

Rs. 20 Flat Per Order | 0% Brokerage

About the Author

Our research team is composed of some highly qualified research professionals, their expertise range across sectors.

Disclaimer

Investment/Trading in securities Market is subject to market risk, past performance is not a guarantee of future performance. The risk of loss in trading and investment in Securities markets including Equites and Derivatives can be substantial.

Open Free Demat Account

Resend OTP
Please Enter OTP
Account belongs to

By proceeding, you agree to the T&C.

Latest Blogs
Bearer Cheque

Introduction A bearer cheque is an efficient and adaptable financial tool. It is a method of payment where the cheque is made out to the owner or bearer of the document. Bearer cheques enable the holder to cash or deposit the cheque without any requirement for identification or endorsement, in contrast to other cheques payable to a specific person or business.

  • Jun 06, 2023
Best Indicators for Intraday Trading

Introduction Intraday trading, also known as day trading, is a fast-paced trading strategy where traders aim to take advantage of short-term price fluctuations in financial markets. To succeed in this highly competitive arena, traders rely on various best indicators for intraday to make informed decisions and maximize their chances of profitability.

  • Jun 06, 2023
Nifty Outlook for 7 June 2023

Nifty started the day around 18600, but it witnessed selling pressure as the IT stocks corrected sharply and thus the benchmark index traded under pressure. However, the index recovered the losses from the lows towards the end and closed around the opening levels with a negligible loss.

  • Jun 06, 2023

Start Investing Now!

Open Free Demat Account in 5 mins

Enter Valid Mobile Number