Multibagger alert: Lesha Industries delivered 387.62% in just one year!
An investment of Rs 1 lakh in the shares of this company would have turned to Rs 4.8 lakh in just one year!
The company’s shares have delivered returns of 387.62%, going from Rs 2.99 on 5 July 2021 to Rs 14.58 on 5 July 2022.
Lesha Industries primarily is in the business of trading and manufacturing various steel products and in the business of Information Technology and Allied Services. The company also operates in the capital market in shares & stocks.
The company is currently doing business by trading various steel products. The company’s steel plant located at GIDC Kerala Estate is under implementation. The main products that the company is about to manufacture are M.S. Ignots, M.S. Billets, S.S. Billets and Rolled products like rounds, bars, sections etc.
Information Technology Division:
The company was established with an aim to provide cutting-edge technological services & solutions in the heterogeneous networking segment. The company has expertise in designing, setting up, managing and enabling infrastructure for e-governance with the most cost-effective, most reliable network. The company is a provider of internet & allied services in Western India, based in the State of Gujarat.
The company also operates in the trading of various toy items and also operates in shares and stocks in the capital market.
For the quarter ended March 2022, on a standalone basis, the company reported Net Sales of Rs 3.67 crore and PAT of Rs 0.29 crore. The EBITDA stood at Rs 0.36 crore. Lesha Industries has an ROE of 2.21% and ROCE of 2.59%.
At 11:50 am, the shares Lesha Industries Ltd were trading at Rs 15.30, an increase of 4.94 %. The stock has a 52-week high & low of Rs 30.92 and Rs 2.57, respectively on the BSE.
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DisclaimerInvestment/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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