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Neuland Laboratories shares rise 17% on strong Q2 earnings

Mukul Agrawal multibagger stocks: CEAT, Karur Vysya Bank, Ion Exchange, other Mukul Agrawal shares that outperformed Nifty, Sensex in one year

Mukul Agrawal multibagger stocks: Ace investor Mukul Agrawal publicly holds 59 stocks with a net worth of over Rs 3,336.7 crore, according to Trendlyne data. Here are some Mukul Agrawal portfolio multibagger stocks that have risen up to 170% in the last one year, outperforming Nifty, Sensex indices.

This stock from Dolly Khanna s portfolio has rallied 121% so far in 2021

Shares of Neuland Laboratories hit a new high of Rs 2,425 as it rallied 6 per cent on the BSE in intra-day trade on Tuesday. The stock has surged 16 per cent in the past three trading days. Thus far in the calendar year 2021, the stock of the pharmaceutical company has zoomed 121 per cent as compared to a 3 per cent rise in the S&P BSE Sensex. Chennai-based ace investor Dolly Khanna acquired 161,336 equity shares, representing a 1.26 per cent stake, in Neuland Laboratories during the quarter ended March 2021 (Q4FY21), according to the shareholding pattern filed by the company. Dolly Khanna held nil or less than one per cent stake in Neuland Laboratories at the end of the December quarter.

Neuland Labs zooms 53% in 7 days as net profit more-than-doubles in Q3

Shares of Neuland Laboratories hit a fresh record high of Rs 1,965, up 16 per cent on the BSE, in the intra-day trade on Tuesday on the back of heavy volumes. In the past seven trading days, the stock of the pharmaceuticals company has soared 53 per cent after the company s net profit more-than-doubled at Rs 26.7 crore for the quarter ended December 2020 (Q3FY21) on the back of strong operational performance. It had reported a profit of Rs 11 crore in the year-ago quarter. In Q3FY21, the company s Ebitda (earnings before interest, taxes, depreciation, and amortisation) jumped 60.6 per cent YoY at Rs 46.7 crore, while margins expanded 480 basis points (bps) YoY to 19.0 per cent from 14.2 per cent. Total income grew 20 per cent YoY at Rs 245.60 crore.

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