Multibagger stock
Multibagger Stock: Most investors investing in the stock market are looking for at least one multibagger stock. If there is a multibagger in the portfolio, then it works to get a great return by reducing the losses of all other stock. Today we are telling you about one such multibagger stock. This company is associated with JSW Group and the name is JSW Holdings Ltd. This company has given excellent returns to its investors in the last 20 years. The price of stock has now increased from Rs 2005 to Rs ₹ 26,420. In this way, investors have received a great return of 11,454% in the last 20 years.
What does the company do?
JSW Holdings Limited is an investment company and is mainly engaged in investment and funding business. The company earns mainly from interest income and dividends. JSW Holdings has a major stake in JSW Steel, a major player in the Global Steel Industry. Currently, promoters hold 66.29% in the company, foreign investors hold 22.62% and retail investors holding 10.88%.
Company’s financial performance
The revenue of JSW Holdings was Rs 169.56 crore in 2024. However, the revenue in 2023 was Rs 406 crore more. The net profit has also declined. The net profit in 2023 was 299.61 crore, which declined to 111.65 crores in 2024. ROE and EPF also declined in 2024 as compared to 2023. However, despite all this, the stock has given a great return of 293.64% in the last one year.
Disclaimer: This article is written only for the purpose of information. Before any type of investment or before taking financial risks, consult your financial advisor. India TV will not be responsible for any type of risk.
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