The share price of the company has increased from Rs 230 per piece on April 21, 2022 to Rs 1,045 on Friday, April 21, 2023.
This company has given more than three times returns to the investors in the last one year.
The stock market has seen intense volatility for a long period of time, due to which stocks give higher and lower returns depending on the overall market health. However, some companies have managed to weather the global and domestic economic uncertainties and have performed exceptionally well on the stock exchanges, providing tremendous returns to their investors.
One such company is Knowledge Marine & Engineering Works. It has given more than three times return to investors in the last one year.
Knowledge Marine & Engineering Works provides marine engineering solutions and also services for repair of naval and other commercial vessels.
It is a small-cap company with a market capitalization of Rs 1,128 crore.
The company’s shares have rallied by more than 350 per cent in the last one year and made its long-term investors rich, as well as those who invested in the company’s shares in the last two years, saw a whopping 28% increase in its price. Is. several times during that period.
The share price of the company was Rs 37 per piece two years ago and is currently trading at Rs 1,045 per share, which is a great jump.
This means that if a person has invested a total of Rs 1 lakh in the stock of Knowledge Marine & Engineering Works two years ago, his investment as on April 21, 2023, would be Rs 28 lakh.
The share price of the company increased from Rs 230 per piece on April 21, 2022 to Rs 1,045 on Friday, April 21, 2023, giving a tremendous return of 354.34 per cent in just one year.
The stock of Knowledge Marine & Engineering Works has given attractive multibagger returns to its investors as the company’s share prices have gained an astonishing 2,736 per cent in the last five years.
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