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Multibagger Stock Turns Rs. 44.5 Lakh from 1 Lakh in 15 Months

06 February 20244 mins read by Angel One
Multibagger Stock Turns Rs. 44.5 Lakh from 1 Lakh in 15 Months
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Xpro India – Share Price History

Xpro India’s share price has witnessed an almost 5% rise during the previous month. Its share price jumped from Rs. 897 to Rs. 941.50 per piece during this time frame.

In the last 6 months, this multi-bagger stock reached Rs. 941.50 from Rs. 175, which is a nearly 450% rise during this period.

Meanwhile, considering the last year, Xpro India rose to around Rs. 941.50 from Rs. 21.15, conveying a whopping return of 4,350% to its shareholders during this time frame.

Xpro’s Share Price Impact on Investment

When considering Xpro India’s share price history, investors investing Rs. 1 lakh in this multi-bagger stock one month ago would have received Rs. 1.05 lakhs today. Moreover, if an investor has invested Rs. 1 lakh in Xpro India 6 months ago, today he/she would receive Rs. 5.50 lakhs today, given that he/she remained invested during the whole time frame.

At the same time, if an investor had invested Rs. 1 lakh in this stock a year ago, the amount would have become Rs. 26.60 lakhs today.

Similarly, investors investing Rs. 1 lakh in this stock 15 months ago would have witnessed a return of around Rs. 44.50 lakhs today.

About Xpro India

Xpro India is a diversified company focusing on the polymer processing industry. The company provides a strong commitment to its business vertical and is an integral part of India’s Industrial House, with a global presence in trading and manufacturing activities.

Owned by Birla Group, it operates mainly in three divisions, namely Coex, Biax, and Thermoset. Since 2002, the company has been focusing on increasing its production capacity of thermoplastic film, sheets, etc.

In 2004, it entered into a joint venture agreement with Rani Group and formed Terxpro Films Pvt. Ltd. This company’s formation aimed to develop the production and marketing of metalized films and a specialized base for capacitors.

Stellar Financial Performance

Xpro’s financial performance justifies its multi-bagger stock status.

In March 2021, the company reported a 1,987% rise in net profit. In addition, sales jumped 5.22% in 2021 against the previous fiscal, during which sales were Rs. 354.84.

Moreover, during the June quarter, Xpro witnessed a rise in profit of around 139%, reaching Rs. 5.02 crores. Previously, the company went through a loss of Rs. 12.69 crores during the same quarter of last fiscal.

Bottom Line

One of the many benefits of Xpro India is that the business features no competitors as it is a capital-intensive company. Moreover, the firm has generated greater returns in comparison to the benchmark indices – Nifty and Sensex, thus gathering the ‘alpha stock’ status.

Frequently Asked Questions

  1. When was Xpro India incorporated?

Xpro India was founded in 1997.

  1. By how much did Xpro’s net profit rise in 2021?

In March 2021, Xpro’s net profit reached Rs. 8.35 crores against Rs. 0.40 crore profit in March 2020.

  1. How much growth in sales did the company report in the June 2021 quarter?

During the June quarter of 2021, Xpro witnessed a rise in sales of around 247.26% to reach Rs. 91.12 crores.

Disclaimer: This blog is exclusively for educational purposes and does not provide any advice/tips on investment or recommend buying and selling any stock.

Source – Livemint

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