Multibagger IT stock: Bumper return of 1896% in 5 years, do you have this Multibagger stock? – multibagger it stock ceinsys tech share price 1896 percent rally in 5 year q2 results record high despite the stock market crash
Multibagger stock: If you are looking for a better stock to invest, then you can keep an eye on the shares of IT stock Ceinsys Tech. This stock has given strong returns to its investors in a short period of time. The shares of the company have fallen by 0.45 percent today on November 28 and the stock closed at Rs 1479.40 on BSE. Its market cap is Rs 2,417.25 crore. The stock’s 52-week high is Rs 1,588.60 and 52-week low is Rs 333.
How were Ceinsys Tech’s quarterly results?
Ceinsys Tech’s revenue grew 54 per cent year-on-year to ₹90 crore for the quarter ending September 2024. Additionally, EBITDA grew 71 per cent year-on-year to ₹17 crore, with an Ebitda margin of 18.67%. The company’s net profit during the quarter stood at ₹12 crore, up nearly 149% year-on-year. Furthermore, the company’s net profit margin stood at 13%.
Ceinsys Tech shares are in focus
Ceinsys Tech has received a Certificate of Appreciation from the Water and Sanitation Mission of Uttar Pradesh for its superior service in project setup and project monitoring for supply of safe and clean drinking water in rural areas under Jal Jeevan Mission.
Performance of Ceinsys Tech shares
In the last one month, shares of Ceinsys Tech have increased by about 27 percent. At the same time, it has given an excellent return of 206 percent in the last 6 months. So far this year, the company’s shares have fallen by about 280 percent. Not only this, its investors have got a bumper profit of 1,896 percent in the last 5 years.
Ceinsys Tech Business
Ceinsys Tech is one of the leading suppliers of technological solutions to the IT-enabled industry. The company is known for its proficiency in Geospatial Engineering along with other technical services and solutions. It provides geospatial intelligence services, which include enterprise web solutions, data analytics, data production.
Disclaimer: The information provided here is based on share performance. It is important to note that investing in the market is subject to market risks. As an investor, always consult an expert before investing money. Moneycontrol never advises anyone to invest money here.