Multibagger inventory: A Jindal Group inventory has delivered substantial features over the previous decade, multiplying buyers’ wealth a number of occasions. Shares of Jindal Worldwide surged to ₹315.40 on November 21, 2024, from its decade-low stage of ₹6.10 on August 28, 2013, registering a achieve of 5,071 per cent in a little bit over 11 years.
Jindal Worldwide share value historical past
The inventory has remained subdued within the brief time period however has delivered exceptional features over the long run.
Over the previous yr, the inventory has dipped 5 per cent, slipping from ₹332.20 on November 21, 2023. Nonetheless, it has delivered exceptional long-term returns, surging 407 per cent in 5 years from ₹62.20 on November 21, 2019, and skyrocketing 2,679 per cent over the previous decade from ₹11.35 on November 21, 2014.
Jindal Worldwide share value hit a 52-week low of ₹267.75 on January 24 this yr. It, nevertheless, reversed the development and jumped to its 52-week excessive of ₹436.95 on March 1 on the NSE. On the present value of ₹315.40, it’s 28 per cent down from its 52-week excessive.
On a month-to-month scale, the inventory is up practically 3 per cent in November to date, after an 11 per cent loss within the earlier month.
₹1 lakh turns to ₹52 lakh
Analyzing the inventory’s value historical past reveals that an funding of ₹1 lakh within the inventory on August 28, 2013, would have grown to ₹51.71 lakh over 11 years, delivering extraordinary returns.
Jindal Worldwide Q2 end result
The corporate’s Q2FY25 income from operations stood at ₹570.8 crore, up 45.7 per cent year-on-year (YoY), whereas PAT stood at ₹17.3 crore, up 35.2 per cent YoY. PAT margin for the quarter declined 24 bps YoY, coming at 3.03 per cent.
EBITDA rose 38.3 per cent YoY, coming at ₹48.4 crore, whereas EBITDA margin declined 45 bps YoY to eight.48 per cent.
“The income from operations elevated by 45.70 per cent YoY resulting from normalised enterprise operations and elevated demand for completed material in home and export markets. EBITDA elevated by 38.30 per cent YoY, exhibiting a significant enchancment in operational profitability,” mentioned the corporate.
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