This multibagger readymade garment stock quadrupled investors’ wealth in 2022; do you own it?

Multi-bagger Stocks

Stock Recommendations
by 5paisa Research Team Last Updated: 2022-09-06T15:58:42+05:30

From Rs 70 to Rs 1500, this stock has given exponential returns of 20 times in the last 5 years. 

Shares of Cantabil Retail India Ltd have skyrocketed in 2022! The stock has furnished mind-boggling returns in triplicate of the invested amount to its shareholders in the last one year. On August 30, the company's stock price recorded a fresh all-time high of Rs 1585 on BSE.

From Rs 70 to Rs 1500, this readymade garment stock has risen 20 times or 2070% in 5 years. 

  • Rs 1,00,000 invested just 6 months back would have more than doubled to Rs 2,11,000 giving a price return of 111%. 

  • Rs 1,00,000 invested 1 year back would have more than quadrupled to Rs 4,08,000 giving a price return of 308%. 

  • Rs 1,00,000 invested 5 years back would have, however, become Rs 21,71,000 giving a price return of 2071% and,   

The shares of this smallcap retail garment company have significantly outpaced the benchmark S&P BSE Sensex which had increased by 1.86% in the last 1 year whereas S&P BSE Smallcap has risen by 6.21% in the same period.  

Cantabil Retail India Ltd is in the business of designing, manufacturing, branding and retailing apparel under the brand names “CANTABIL” and “La FANSO”. Cantabil caters to all three segments with a wide range of products largely catering to the middle class with over 300 stores across India. While CROZO is an exclusive brand for women, while Lil’ Potatoes is an exclusive brand for kids from 3 - 14 years. KANESTON is present in the hosiery industry and deals in men’s accessories like innerwear, ties, deodorant, etc. 

In Q1FY23, the company's total revenue stood at Rs 100.7 crore, up by 250% from Rs 28.77 recorded in Q1FY22. Similarly, EBIDTA jumped 495% on a YoY basis to Rs 35.48 crore. PAT in Q1FY23 stood at Rs 14.12 crore versus a loss of Rs (1.55) crore in the same quarter last year which was impacted by the pandemic. 

At 2.20 pm, the shares of Cantabil Retail India Ltd were quoting Rs 1498.90 with a loss of 0.65% over its previous close.     

Keep a close eye on this scrip for the upcoming trading sessions!  

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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.

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