Kohinoor Foods Ltd shares gave 400% return in less than two months, Rs 7.75 stocks became a rocket in a weak market!

Kohinoor Foods Ltd shares gave 400% return: Many stocks have given multibagger returns since Covid, but now the stock market is witnessing a downtrend. However, even after this, many such returns have been born in 2022, which have given tremendous returns. In this sequence, there is such a stock, which has given 400% return since its listing in April 2022 and is still in the upper circuit.

We are talking about the shares of Kohinoor Foods Ltd, which have been on the upper circuit since its listing. It was listed in the stock market only during 6th April 2022, then its share price was Rs 7.75, but now this stock has reached the level of Rs 38.40 in just 1 month 22 days. It has given 395.48% return during this period.

Kohinoor Foods Ltd shares gave 400% return

Since the listing of the shares of Kohinoor Food Limited, investors have made huge profits. The share price has jumped 4.92% in one day. 5 days ago, its share price was Rs 31.70, during which it gave 21.14% return. At the same time, this stock has increased from the level of Rs 15.55 to Rs 38.40 in a month. It has jumped 146.95% during this period.

Similarly, this stock has given a return of up to 395.48% since April 6. In such a situation, if you have invested money in this stock, then it would have got a big benefit.

Adani’s name is also associated with this company
Gautam Adani’s company Adani Wilmar Limited (AWL) this month announced the acquisition of several brands, including the legendary Kohinoor brand, from McCormick Switzerland GmbH. The purchase of the food portfolio would lead to a privileged position on Kohinoor Basmati rice, a statement from the Adani company said. This will strengthen AWL’s position in the FMCG category from Kohinoor’s domestic brand portfolio. Since the arrival of this news, its shares have seen a rise.

Kohinoor Foods Limited Company is engaged in the business of manufacturing, trading and marketing of food products. This company provides supply chain facilities across the world. The company is currently trading in a wide variety of Basmati Rice, from ready-to-eat curries, ready-made gravies, cooking pastes, chutneys, spices and seasonings to frozen breads, snacks, healthy cereals, and edible oils.

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