There are many stocks in the Indian stock market which have given thousands of times returns to their investors within 1 year. The multibagger stock we are telling you about today has given a return of 3,074.56% to its investors in the last one year. That means, if you had invested around Rs 40 thousand in this share a year ago, your money today would have been more than Rs 12 lakh.
what is the name of multibagger share
The name of the multibagger share we are talking about is Marsons Ltd. If you had invested Rs 40 thousand 560 in this share on December 4, 2023, it would have become Rs 12 lakh 87 thousand 600 today. Actually, on December 4, 2023, the price of one share of Marsons Ltd was Rs 8.45, which has increased to Rs 268.25 today. That means a return of approximately 3,074.56%.
How are the fundamentals of the company?
Talking about the fundamentals of Marsons Ltd share, its market cap after the market close on Tuesday is Rs 4,617 crore. Talking about stock PE, it is 347. Talking about ROCE of Marsons Ltd, it is 3.14 percent. The ROE of the company is 7.31 percent. The book value of the share is Rs 6.23 and the face value is Rs 1.
What does Marsons Limited do?
More than 3 lakh transformers of Marsons Limited are being used worldwide. The company provides its services not only in India but also in international markets like UK, Ethiopia, Dubai, Jordan and Bangladesh. It serves state electricity boards, power utilities and other major customers.
Let us tell you, Marsons has strong partnerships with major global brands like ABB, Alstom, Schneider Electric and GE Power. Apart from this, it is also working with domestic powerhouses like Tata, Reliance and BHEL. These alliances have helped the company gain a strong and reliable position in the region. Marson’s net sales registered a growth of 12,891.3% in Q1FY25 at Rs 29.88 crore. Whereas, in Q1FY24 this figure was only Rs 0.23 crore.
Read this also: Multibagger Stock: Found the twin brother of Alcid Investment, converted Rs 10 thousand into more than Rs 1 crore in one year
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