Multibagger NSE SME stock Lagnam Spintex hits lifetime high after Q4 results 2024. Share jumps 225% in one year

Lagnam Spintex Q4 results 2024

In Q4FY24, Lagnam Spintex reported a full gross of ₹149.82 crore, which is 66 per cent higher than the full gross of ₹90.41 crore successful Q4FY23. In Q4 results 2024, the institution reported an EBITDA of ₹20.03 crore, signaling a 168 per cent YoY emergence against the EBITDA of ₹7.47 crore. The company's PAT (Profit After Tax) grew by 380 percent YoY to ₹7.30 crore, which stood astatine ₹1.52 crore successful Q4FY23.

Lagnam Spintex stock terms history

In 1 month, Lagnam Spintex's stock terms has ascended from astir ₹126.50 to ₹163.25 apiece, logging astir a 30 per cent emergence successful this period. In YTD time, the small-cap multi-bagger banal has changeable up from ₹86.45 to ₹163.25 per stock levels, clocking astir a 90 per cent emergence successful this clip horizon.

In the past six months, Lagnam Spintex's stock terms has risen from 68.75 per stock to ₹163.25 per stock level, signaling astir a 135 per cent emergence successful this period. However, successful 1 year, Lagnam Spintex's stock terms has appreciated from 49.60 to ₹163.25 per stock level, signaling astir a 225 per cent emergence successful this clip frame.

Multibagger IPO

The SME banal was offered successful the superior marketplace astatine a fixed terms of ₹41 apiece successful September 2018. The fixed contented was listed connected the NSE SME Emerge level connected 18th September 2018. The SME banal had a level listing, opening astatine ₹41 per stock connected the listing date. However, the banal witnessed buying involvement and has risen to ₹163.25 per stock successful astir 5 and a fractional years of its listing. Over 5 years of post-listing, the NSE SME has risen astir 300 per cent against its contented terms of ₹41 per share.

Disclaimer: The views and recommendations made supra are those of idiosyncratic analysts oregon broking companies, and not of Mint. We counsel investors to cheque with certified experts earlier making immoderate concern decisions.

Unlock a satellite of Benefits! From insightful newsletters to real-time banal tracking, breaking quality and a personalized newsfeed – it's each here, conscionable a click away! Login Now!

Published: 02 May 2024, 03:09 PM IST