Page 2 - Multibagger Stock News Today

IRCON International shares gained over 6% on Monday after the railway engineering firm said it has won a Rs 1198 crore project in a joint venture. IRCON International stock rose 6.43% to Rs 266.95 against the previous close of Rs 250.80 on BSE. The multibagger stock opened higher at Rs 258 today. IRCON International shares are trading higher than the 5 day, 20 day, 50 day, 100 day and 200 day moving averages. Market cap of the firm rose to Rs 24,105 crore on BSE. The Indian Railway firm has gain...

The board of pump and valve maker KSB on Friday approved splitting its shares in the ratio of 1 to 5.

Schneider Electric Infrastructures impressive 327% share growth in a year underscores this multibagger stocks standout performance in Indian equity markets.

"We would like to inform you that a meeting of the board of directors of the company is scheduled to be held on Thursday, 25th April, 2024, inter-alia, to consider and approve the proposal for issuance of Bonus Equity Shares to the shareholders of the company," Inox Wind said in an exchange filing.

IREDA, the leading green financing NBFC, saw an 11.40% share price increase to ₹179 fueled by strong FY24 financial performance. The companys PAT in FY24 reached ₹1,252.23 crore, marking an impressive growth of 44.83% over the previous fiscal year 2022–23.

Dynacons Systems & Solutions, an Indian IT company, saw a surge in share value due to investor sentiment after acquiring significant orders, with shares rising 83.50% in 15 trading sessions and 340% in one year. Over the last four year, they delivered a return of over 7650%.

The broking firm will be announcing its March quarter results the same day. Folloing the development, the stock rose 9.06 per cent to hit a fresh all-time high of Rs 2,270.80 on BSE.

Jhandewalas Foods, previously a penny stock, has delivered multibagger returns, soaring over 1,932% in the past year and 310% year-to-date in 2024.

Favourable demand-supply dynamics and increasing average room rates (ARR) in Indias hospitality industry have led Kotak Institutional Equities to revise upward the sectors FY25E EBITDA. The brokerage firm raised fair values of Indian Hotels Company, Chalet Hotels, Lemon Tree, and Samhi Hotels.

Macrotech Developers stock has gained 404% in 3 years, hitting ₹1,227 apiece. The company reported a 40% growth in sales bookings in Q4 FY24, reaching ₹4,230 crore. It successfully raised ₹3,300 crore through a QIP last month.