highlights
Apar Industries will report its March quarter results on May 8th.
The market expects good quarterly results from the company.
The company’s operating profit was up 199% on a yearly basis in the December quarter.
Multibagger Stocks: Apar Industries Share’s Multibagger stock, unaffected by the tremendous ups and downs in the stock market, has provided investors with huge gains over the past year. This stock, which has become a yield machine in a year, has quadrupled investors’ money. A year ago shares of Apar Industries were trading at Rs 659 on the NSE. At the same time, this stock closed at the level of Rs 2,810 (Apar Industries stock) in the last trading session ie on Friday. In this way, the stock of this immense industry has gained 326 percent in the last year.
Apar Industries is a mid-cap company with a market value of Rs 10,777 crore. His name is included in the world’s leading companies manufacturing conductors. It is the world’s third largest producer of transformer oil. Not only that, it is also the largest company in India that manufactures renewable cables. Apar Industries is also in the polymers and lubricants business.
Also read this – Multibagger Stock: Rs 1 lakh made Rs 10 crore, 3 brokers gave a buy rating on this stock, check target price
Shares have been rising since the beginning of the year
Apar Industries stock has been booming for the last year. About a year ago ie 2nd May 2022, Apar Industries share price on NSE was Rs 659.25. In contrast, this stock closed at Rs.2,810 on Friday 28th April 2023. In doing so, this Multibagger stock has given investors a whopping 326.24 percent return in one year. So far, this share has increased by 54 percent in 2023. At the same time, this stock is up about 87 percent in the last 6 months. The stock is up 12 percent over the past month.
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Made 1.25 lakh from 1 lakh
If an investor invested Rs 1 lakh in Apar Industries shares a year ago and maintained that investment, then the value of his investment today is Rs 426,241. That means in one year his money has more than quadrupled. If an investor invested Rs. 1,000 in this stock six months ago, he will get Rs. 186,978 today.
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FIRST RELEASED : April 30, 2023 at 13:07 CET
