multibagger stocks
Amidst the ups and downs in the stock market, there are some shares which see a sudden rise and there are some which collapse suddenly. If we talk about this year, the market dynamics have changed a lot since US President Donald Trump came to power. His decisions on tariffs and visas also affected the Indian stock market. But in the meantime, there were some stocks which kept the investors’ faith in the market and made their shares worth a fortune. In this series, one stock is of Integrated Industries Limited, whose price is less than Rs 25 and it has given bumper returns of 58000% to the investors in 5 years.
The stock of Integrated Industries Limited is currently in the news due to its deals being higher than its returns. In fact, the company has recently issued a corporate guarantee of Rs 25 crore to Union Bank of India. This guarantee has been given as security for the loan taken by its material subsidiary Nurture Well Foods Limited (NWFL). This announcement of the company has come at a time when ups and downs continue in the small cap segment and investors are looking for stability.
Shares gave strong returns
Even amidst the ongoing instability in the market, this company has provided good profits to the investors. Shares of Integrated Industries closed at Rs 24.64 on BSE on Friday with a slight decline of 0.52%. This small cap stock, trading below Rs 25, has been weak in recent times. It has fallen by about 7.75% in the last one month and by about 31% in a year. Its 52 week high has been Rs 43 and low Rs 17. The market capitalization of the company is approximately Rs 574 crore. In the last 5 years, shares of Integrated Industries have given an excellent return of 58,566%.