A sugar stock has given returns of more than 300 per cent to investors in the last one year. This stock belongs to Dwarikesh Sugar Industries. Shares of Dwarikesh Sugar have now increased from Rs 2 to Rs 124.75. This sugar stock has given tremendous returns to the investors. Also, the company has announced an interim dividend of 200% on each share for the financial year 2021-22.
Shares of Dwarikesh Sugar crossed Rs 2 to Rs 124
The shares of Dwarikesh Sugar Industries were at Rs 2.06 on the Bombay Stock Exchange (BSE) as on 27 March 2015. The shares of the company have closed at Rs 124.75 on 30 March 2022. That is, in the last 7 years, the shares of Dwarikesh Sugar have given strong returns to the investors. If a person had invested Rs 1 lakh in the shares of the company 7 years ago, then at present this money would have been more than Rs 60 lakh. That is, the person investing the money would have made a profit of Rs 59 lakh in 7 years. The company has declared an interim dividend of 200%, i.e., Rs 2, on each equity share having a face value of Re 1. This dividend is for the financial year 2021-22.
Also read- Gift to central employees, 3% increase in DA, understand according to salary – how much will be the benefit
In 2 years, more than 8 lakhs became worth Rs 1 lakh
The shares of Dwarikesh Sugar Industries were at a level of Rs 15 on the Bombay Stock Exchange (BSE) on 27 March 2020. The shares of the company have closed at Rs 124.75 on 30 March 2022. If a person had invested Rs 1 lakh in the shares of the company 2 years ago, then at present this money would have been Rs 8.31 lakh.
Also read- If you do not link PAN-Aadhaar till tomorrow, then under this new rule, you will have to pay a strong fine, as well as…
305 percent return in one year
Shares of Dwarikesh Sugar have given returns of 305 per cent to investors in the last one year. The company’s shares were at a level of Rs 30.80 on BSE on 31 March 2021. The shares of the company have closed at Rs 124.75 on 30 March 2022. A year ago, if a person had invested Rs 1 lakh in the shares of the company, then at present this money would have been Rs 4.05 lakh. The 52-week high of the company’s shares is Rs 138.40.