Multibagger Stock: Amidst the downturn in the market, Voltamp Transformers stocks gave a strong return of 70% in two months

Voltamp Transformers stocks: There has been a continuous bearish environment in the stock market since the beginning of this year, but some stocks are still giving excellent returns to the investors in the stock market. One such stock is Voltamp Transformers, which has given excellent returns to the investors in the bearish stock market. If we talk about the last 2 months, then this stock has seen a jump of 68 percent.

Shares ran 32 percent in a month: Despite the fall in the market, the stock has continued to rise steadily for the last few months. If we talk about the returns of one month, the stock has given a return of 31.94 per cent to the investors while in the last five trading sessions this stock has given a return of 9.3 per cent.

118 per cent return in one year: Voltamp Transformers has been one of the few stocks that have doubled investors’ money in the last one year. The stock has given a return of 118.56 per cent to the investors during the last one year. At the same time, if we talk about the returns from this year till now, the stock has given a return of 61.96 percent to the investors.

Strong results of the company: The major reason behind the performance of the company’s stock is being told by the company to present strong results for the fourth quarter of FY 2022. According to the results announced by the company, in the fourth quarter, the annual sales of Voltamp Transformers grew by 36.7 percent and its sales reached Rs 387 crore.

On the other hand, in terms of profit, in the fourth quarter, the company’s annual profit grew by 67 percent on a year-on-year basis and it reached Rs 51.9 crore at Rs. During this period, the company’s EBITA also saw a tremendous jump of 102 percent on a yearly basis. The company’s margin had also increased to 17.2 per cent from 5.1 per cent.

Calculation on Investment: Two months ago, if someone had invested Rs 1,00,000 in this stock, today his investment would have been Rs 1,68,000. If a person had invested 1,00,000 in this stock 1 month ago, his investment would have gone up to Rs 1,31,940.

Voltamp Transformers is an electrical transformer manufacturing company. At present, the market cap of the company is Rs 3,290 crore.

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