New Delhi: Share of an organization of Asia’s richest Indian businessman Mukesh Ambani is a rocket today. The title of this firm is Lotus Chocolate Firm Ltd. Share of this firm during which Mukesh Ambani has a stake has crammed the pockets of buyers in only one month. On Friday, whereas the inventory market took a plunge, this share hit an higher circuit of 5 %. Within the final one month, the share of this firm has given greater than 100% return. Because of this the cash has greater than doubled in only one month. The worth of 1 share of Lotus Chocolate Firm is at present Rs 1258. A month in the past i.e. on July 2, its worth was Rs 575.70. On this one month, it has given a return of 118.53 % to the buyers i.e. greater than doubled. If you happen to had invested by shopping for shares of 1 lakh rupees of this firm a month in the past, then at the moment this quantity would have elevated to Rs 2.18 lakh. That’s, you’ll have made a revenue of Rs 1.18 lakh.
About 294 % return in a single yr
This firm’s efficiency has been fairly good. In a single yr, it has given buyers a return of about 294 %. If you happen to had invested one lakh rupees in it a yr in the past, this quantity would have elevated to Rs 3.94 lakh. That’s, about 4 lakh rupees. In such a state of affairs, you’ll have made a revenue of about 3 lakh rupees in a yr.
One lakh became 80 lakh in 5 years
Within the final 5 years, this inventory has given an amazing return to buyers. 5 years in the past, the value of 1 share was Rs 15.45. Since then, it has elevated by about 8043 %. If you happen to had invested one lakh rupees in it 5 years in the past, you’ll have made a revenue of Rs 80 lakh. Then again, if we discuss general returns, then it has made buyers from lakhpati to crorepati in 27 years. This inventory got here within the share market in July 1997. At the moment its worth was Rs 3.35. Since then it has given a return of 37454 %. An funding of Rs 1 lakh 27 years in the past would have turn into Rs 3.74 crore at the moment.
The corporate made great income
The corporate had offered the outcomes of the primary quarter (April-June) of the present monetary yr final month. On this quarter, the corporate’s revenue has elevated 47 instances in comparison with the identical interval final yr. The corporate’s revenue after tax (PAT) was Rs 9.41 crore. At present the corporate’s market cap is Rs 1.54 thousand crore.