This share made investors fortune in 12 months

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highlights

Vijay Kedia holds this share since March 2023 quarter.
Patel Engineering is a small cap company.
The company’s shares have jumped 51 percent in 3 months.

New Delhi. Shares of Patel Engineering Limited, included in the portfolio of veteran investor Vijay Kedia, have made investors 12-25 within a year. The money invested in this share a year ago has now quadrupled. This share is in Vijay Kedia’s portfolio since March 2023 quarter. Had 1.7 percent stake in Patel Engineering Limited in the December 2024 quarter. In the last trading session i.e. on Friday, Patel Engineering shares closed at Rs 71.80 (Patel Engineering Share Price) on NSE with a slight fall.

The market cap of Patel Engineering Limited is Rs 5270 crore. Vijay Kedia had 1.3 percent stake in the March quarter of last year, which he increased to 1.7 percent in the June 2023 quarter. Vijay Kedia currently holds 1.3 crore shares of Patel Engineering and the holding value of his portfolio is Rs 93 crore. The 52-week high of Patel Engineering shares is Rs 79, while the 52-week low is Rs 13.15.

Also read- Rs 10 share became worth Rs 477 in 4 years, Rs 1 lakh became Rs 47 lakh, will you invest the money?

400 percent return in one year
Patel Engineering shares have given investors a return of 400 percent in one year. The price of this share on 13 February 20223 was Rs 14.35. Now its price has increased to Rs 71.80. This multibagger share has increased by 12 percent in the last one month. This stock has jumped 51 percent in the last three months. At the same time, Patel Engineering shares have given a return of 42 percent in six months.

Vijay Kedia has made a profit of Rs 74 crore due to the rise in the shares of Patel Engineering in one year. If an investor had invested Rs 1 lakh in the shares of Patel Engineering a year ago and has maintained his investment, then today the value of his investment has become Rs 4 lakh.

(Disclaimer: The information given here is based on the performance of the shares. Since investing in the stock market is subject to market risk, please consult a certified investment advisor before investing. News18 Hindi is responsible for any loss you may incur. Will not done.)

Tag: business news in hindi, tips to earn money, multibagger stock, Share Market, stock tips

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