Mukesh Ambani Stock: This Share which has generated 500% return rate for Mukesh Ambani in just one year.
Not just that, the same stock has saw 1300% increase in last 2 years, 377.97% in last 3 years and 12260% increase in last 5 year.
Belonging to FMCG industry, it is one of the most lucrative options for traders to invest in, as their returns are as sweet as their products.
Which Company has Managed this Rate of Returns?
Engaged in FMCG Industry, only a few companies have managed to generate a digit return, however, this company have even surpassed them and yielded a 3-digit return and establish itself in the industry and among the watchlist of investors.
If you you are long time investor you would recognise this company it is Lotus Chocolate Company Ltd which have outperformed all the returns of their competitors.
Can I still Manage Returns From the Company?
As on 1 November 2024, with the market capitalisation of 1924.40 crores, the share price of lotus chocolate Ltd is traded at 1500.
With the revenue of 141.31 crore (Q2 2024), along with their planned and smart expenditure, from which Lotus chocolate Ltd has spent less than 1% of its operating revenue towards interest expenses and 4.32% towards employee cost. Combined with their streak of returns and the backing of powerful players traders are more enthusiastic to invest in lotus Chocolate Company Share price.
What are Must Knows Insights Before Investing?
With annual revenue growth of 130.51%, Lotus Chocolate company have outperformed it’s CAGR of 44.14%. with sectoral market capitalisation rank of 33 and PB ratio of 49.22 the prospect looks promising for Lotus Chocolate company.
However, that company net income of 5.24 crores while having high interest payments compared to earnings and high PE is what making traders quite nervous.
Could be the sudden growth be a part of scam?
The Lotus chocolate Company Ltd is part of Reliance retailers does eliminate the doubt of being a hoax or scam company, just like in real world stop market also values the trust more than anything
Take of Investors Community
Across various forums such as in moneycontrol, the traders look positively and enthusiastically two words the Lotus chocolate Company Ltd with 100% buy recommendation from community as of now.
All in all, this company that is, Lotus chocolate Company Ltd which is part of Reliance industries has been backed by Mukesh Ambani have manage to produce 5-digit growth rate in 3 years 4-digit rate in 2 years and 3-digits in last year, still the traders and market see it guarantee pathway to growth of their portfolio.
Disclaimer: Demat Dive is not giving any buying advice on any stock. Consult a SEBI registered advisor before investing anywhere.