Multibagger Stock: Shares of this company jumped more than 6 percent as soon as the market opened, investors are getting bumper returns – multibagger stock shares of uniparts india limited rose by more than 6 percent today

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Mumbai: Today there has been a tremendous jump in the shares of Uniparts India Limited. The stock has jumped over 6 per cent in morning trade. Sensex and Nifty have made a positive start today. These have increased by 0.14% and 0.13% respectively. The Nifty Mid-Cap and Nifty Small-Cap indices opened with gains of 0.22% and 0.7%, respectively. Uniparts India Ltd. shares gained 6.94%. It hit a 52-week high of Rs 639.65 per share on the BSE platform. Established in the year 1994, Uniparts India Limited excels in state-of-the-art Engineered Systems. The company is a leading supplier in the agriculture and construction and aftermarket sectors. The company has a global presence in more than 25 countries. Uniparts India Limited made its stock exchange debut on December 12, 2022. Uniparts India Limited’s IPO was worth Rs 835.61 crore. It was open on November 30, 2022. Wherein it was closed on December 2, 2022. Investor Sunil Singhania has added Uniparts India Limited to his portfolio. Its net worth is Rs 64.3 crore and ownership of 1,013,770 shares. This means a 2.3% stake in the company.

The company’s total revenue in FY23 has increased by 11.32% to reach Rs 1,366 crore. In addition, the operating profit increased by 10.82% to Rs 297 crore. Net profit has increased by 21.30% to Rs 205 crore. Investors can include the shares of the company in their portfolio to earn profits.

This article is powered by Dalal Street Investment Journal, India’s No. 1 Investment Magazine. Click here to get regular updates about Winning Stocks and Recommendations.

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