Sel Manufacturing Company Ltd stock performance: Investors who put money in the shares of SEL Manufacturing Company became rich. The company’s shares have made its investors millionaires in just six months. Shares of SEL Manufacturing Company (SEL manufacturing share price) are trading 4.99% higher at Rs 729.65 on BSE today. The stock has been in an upper circuit since the last few trading sessions. In the last 5 trading days, this stock has jumped by almost 22%.
Chhaparfad returns in six months
Shares of SEL Manufacturing Company have given a stock return of more than 14,000 per cent in the last six months. The shares of the company have increased from Rs 5.01 on 28 October 2021 to Rs 729.65 today. At the same time, this stock has given a return of 1,747.22% so far in 2022. Let us inform that on January 3 this year, the shares of the company were at Rs 104.05. Similarly, in the last one month, this stock increased from Rs 318.65 to Rs 729.65. During this period, this stock has given a return of 129% to its investors.
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Investors benefited from crores of rupees
According to SEL Manufacturing Share Price History, if an investor had invested Rs 1 lakh in this stock six months ago at Rs 5.01 crore, the amount would have become Rs 1.45 crore today. Similarly, if an investor had invested Rs 104.05 per share in this stock this year, it would have been Rs 7 lakh today. At the same time, an investment of Rs 1 lakh in a month would have been Rs 2.28 lakh.
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about the company
SEL Manufacturing Company is a vertically integrated multi-product textile company. The company is active in the manufacturing, processing and trading of Yarns, Fabrics, Readymade Garments and Towels. It offers terry towels, such as beach towels, bath towels, kitchen towels and Christmas towels.
The firm’s market cap on the BSE was Rs 2,417 crore. The promoters’ holding of the firm remained unchanged at 75.27 per cent in the December 2021 quarter. The share of FIIs also remained unchanged from 0.13 per cent in the December quarter. However, the number of FII investors fell from 16 to 15 in the December quarter. The three foreign portfolio investors (FPIs) held 42,178 shares in the third quarter of the current financial year. However, it should be noted that this company is making loss. The turnover in the stock is also very less.