High Return Stocks: Shares of this company made rich! 5 lakh became Rs 17.64 lakh in one year
High Return Stocks: There are some stocks in the stock market, which give investors big profits in a very short time. Today we are going to tell you about the stock of one such company. The name of this company is DCM Shriram, which has made its investors rich in just one year. If you also have shares of this company, then see how much your amount has increased.
253 percent return given in 1 year
Shares of DCM Shriram have given returns of more than 250 percent to their investors in the last one year itself. Exactly one year before today, on July 20, 2020, the share price of the company was Rs 339.85, today the price of this share has reached Rs 1200. Today DCM Shriram has touched 1200 level during intraday. That is, a bumper return of 253 percent has been received in a year. While the Sensex has risen 42 per cent during this period.
5 lakh became Rs 17.64 lakh
If you had invested Rs 1 lakh in the shares of DCM Shriram a year ago, then today its value would have been Rs 3.53 lakh. And if 5 lakh rupees had been invested, then their value as on today would have been Rs 17.64 lakh. That is, the amount would have increased by more than three and a half times.
DCM Shriram Result
In the fourth quarter of FY 2021, the company’s profit has increased by 15% to Rs 232 crore, from Rs 201 crore in the same quarter last year. There has also been an increase of 14% in revenue, it has increased to Rs 2191 crore as against Rs 1917 crore. On a year-on-year basis, in FY 2021, the company has registered a profit of Rs 673 crore as against Rs 717 crore. While there has been an increase of 7% in revenue, and it has increased from Rs 7,767 crore to Rs 8,308 crore.
