Multibagger Share: The stock of a real estate company has increased investors’ money by almost 37 times in the last 5 years. The share has climbed from the level of Rs 33 to Rs 1235 on BSE. Not only this, the share price has strengthened by 171 percent in just one year. this is share Ganesh Housing CorporationIt is a well-known real estate developer of Gujarat.
The market cap of the company is Rs 10300 crore. The stock had created a 52-week high of Rs 1,367.15 on January 9, 2025 on BSE. 52 week low of Rs 441.05 seen on January 11, 2024. The face value of the share is Rs 10.
in 4 years Ganesh Housing Corporation 3594% return from
Shares of Ganesh Housing Corporation closed at Rs 1235.65 on BSE on January 10, 2025. The share price on January 11, 2021 was Rs 33.45. In this way the return in 4 years was 3594 percent. If we calculate on the basis of this return, Rs 50,000 invested in shares 4 years ago would have become Rs 18 lakh by now, provided the shares were not sold in between. Similarly, the amount of Rs 1 lakh would have been around Rs 37 lakh and the amount of Rs 2 lakh would have been more than Rs 73 lakh.
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According to BSE, the share of Ganesh Housing Corporation has strengthened by 40 percent in 3 months. Promoters held 73.06 percent stake in the company by the end of December 2024. The upper price band for the share is Rs 1,482.75 and the lower price band is Rs 988.55. The circuit limit is 20 percent.
December quarter results will be revealed on January 17
Ganesh Housing Corporation will release its financial results for the October-December 2024 quarter after the board meeting to be held on January 17. The company’s standalone revenue in July-September 2024 was Rs 242.31 crore. During this period, standalone net profit was recorded at Rs 154.94 crore. In the financial year 2023-24, the company’s standalone revenue was Rs 594.41 crore and standalone net profit was Rs 270.94 crore.
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.
