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Multibagger Stock: This multibagger stock also looks strong technically, as it is trading above all short term and long term moving averages (SMA). This stock has risen 161 percent in the last one month alone.
New Delhi. Shares of Saffron Industries, a company active in paper-products, manufacturing and real estate sectors, have been giving strong returns for some time. This stock has increased investors’ money 14 times in just six months. The rise in multibagger stock has not stopped yet. In the last trading session itself, it closed with the upper circuit of five percent.
Saffron Industries share has given multibagger returns of 161 percent in the last one month alone. There has been a jump of 1353 percent in the price of this share in six months and this stock has given a huge return of 774 percent to the investors in one year. The main business of the company, established in 1934, is paper and paper-products. The company is not limited to paper manufacturing only, but has also ventured into real estate and other businesses.
Made Rs 1 lakh into 14 lakh in 6 months
On January 1, 2025, the share price of Saffron Industries was only Rs 6.70, which has now increased to Rs 94.46. That means, during this period, this multibagger share has given a multibagger return of 1353 percent. This means that if an investor had invested Rs 1 lakh in this share six months ago and is still invested, then today the value of his investment has increased to Rs 1,453,230.
Saffron Industries Share Holding
According to Trendlyne data, the promoters’ stake in the company is 60.5 percent, while the public’s stake is 39.4 percent. Apart from this, Mutual Funds (MF) have only 0.1 percent stake. Whereas the stake of FII and other investors is zero. This figure shows that the promoters’ hold on the company remains strong, while public investors also hold a significant stake.
The promoter’s stake in the company remains stable. No insider has sold shares in the last three months, which indicates confidence in the company. The company has given better returns than the industry in the long term and its profit growth is also higher than the industry median. Technically the stock also looks strong as it is trading above all short term and long term moving averages (SMA). Overall, both fundamental and technical indicators of the company point to the fact that investors’ confidence in this stock remains intact.
(Disclaimer: The information given here is based on the performance of the shares. Since investing in the stock market is subject to market risk, please consult a certified investment advisor before investing. StuffUnknownHindi will not be responsible for any loss you may incur.)
