Jamshri Realty, a penny stock engaged in the business of real estate and construction, is a multi-bagger in 34 sessions in a row. From below Rs 140 levels to hit an all-time high of Rs 278.75, Jamshri has doubled investors’ money in 34 consecutive trading days.
How? Well, Jamshri has been hitting back-to-back upper circuits for 34 sessions in a row. The rewards doubled as Jamshri also turned ex-split recently for one of the biggest stock splits in the Indian market in the ratio of 100:1.
Jamshri Realty Share Price:
Ending August month on a bullish note, Jamshri Realty froze at 2% upper circuit to hit a new 52-week high of Rs 278.75 apiece on August 30th. This is the 34th upper circuit by Jamshri.
Notably, on BSE, Jamshri has been hitting back-to-back 2% upper circuit since July 12th. That also means that Jamshri has been in a bullish trend since July 12, 2024.
From July 12, 2024, to August 30, 2024, there were 34 trading sessions and Jamshri has been hitting upper circuits in all of them. The last red zone for Jamshri was on July 11, 2024, when its price was at Rs 142.25 and touched an intraday low of Rs 139.42 apiece.
From Rs 139.42 apiece to date, Jamshri has surged by 99.93% on BSE. While from the closing price of July 11th of Rs 142.25 apiece, Jamshri is currently up by 95.95%.
YTD, Jamshri has skyrocketed by a whopping 558.52%.
Jamshri Realty Stock Split:
On August 16, the stock split into a 100:1 ratio and ended at Rs 228.75 apiece.
From August 16-30, Jamshri is up by 22%.
Before splitting, Jamshri had touched an upper circuit of Rs 22,430.56 on August 14, which was its 52-week high as well ahead of the sub-division.
The 100:1 ratio means that one existing Jamshri stock price at a face value of Rs 1,000 each, is split into 100 shares having a face value of Rs 10 each.
Jamshri Realty Fundamentals:
As per Trendlyne data, the following are the fundamentals of Jamshri Realty stock:
– Annual Revenue rose 21.85%, in the last year to ₹6.73 Cr. Its sector’s average revenue growth for the last fiscal year was 25.65%.
– Annual Net Profit rose 20.22% in the last year to ₹3.4 Cr. Its sector’s average net profit growth for the last fiscal year was 115.72%.
– Stock Price rose 505.98% and outperformed its sector by 391.52% in the past year.
– Debt to Equity Ratio of -5.79 is less than 1 and healthy. This implies that its assets are financed mainly through equity.
– Promoter Share Holding stayed the same in the most recent quarter at 73.56%.
– Promoter Pledges are zero.
– Interest Coverage Ratio is 0.21, less than one. This means that it is unable to pay interest with its earnings (EBIT).
– Mutual Fund Holding remained the same in the last quarter at 0%.
– Price to price-to-earning ratio is -91.82, which is negative.
– Quarterly Net profit rose 100.75% YoY to ₹0.01 Cr. Its sector’s average net profit growth YoY for the quarter was 143.77%.
– Quarterly Revenue rose 58.53% YoY to ₹2.61 Cr. Its sector’s average revenue growth YoY for the quarter was 24.95%.
Jamshri Realty Limited (formerly known as Jamshri Ranjitsinghji Spinning and Weaving Mills Company Limited) began operations in 1907 as a composite textile mill in Solapur, a Tier-2 city located 240 km from Pune and 300 km from Hyderabad.
