£ 2.80 to £ 67: MultiBagger Penny stock provides 2300% within five years. Do you own? | Einsmark news

MultiBagger Penny Stock: Earning substantial profits in the stock market is no easy achievement; It takes in -depth research and a lot of patience. Investors are always looking for multibagger stocks that can deliver impressive returns. Let’s focus on this, look at the share price journey of one such business: Bigbloc Construction. The MultiBagger Shares – Bigbloc Construction – once priced at £ 2.80 in April 2020 – is now trading at £ 67 on NSE. This means that the Bigbloc Construction share price has grown by more than 2.293 percent in five years. To put this into perspective, an investment of £ 1 lakh would have been made in the stock 16 years ago and held over time, significantly grown to nearly £ 24 lakhs. Bigbloc Construction -Share Price Movement Bigbloc Construction share price closed in Green on Thursday at £ 66.97, compared to the previous closure at £ 66.49. The share has ascended more than 10.24 percent in the past five trading sessions. The share has given multi -agger returns to its long -term investors, as it has risen more than 2,026.03 percent since the listing. However, Bigbloc construction stocks were unable to impress short-term investors. The shares have fallen by more than 50 percent over the past six months and more than 40 percent in one year. As for the year to date (YTD), the share price has dropped more than 34.63 percent, which has dropped from £ 102.45 per piece to the current market level. The overview of the Bigbloc Construction Board company approved a 1: 1 -Bonus equity share, ie one bonus equity share for each existing stock share held by the shareholders. The company also approved the proposal to increase the authorized equity capital from £ 15 to £ 30 crore, divided into 15 crore equity shares of £ 2 each. For FY24, the company reported consolidated net profit of £ 30.69 crore. The revenue from the operations during FY24 was reported at £ 243.22 crore, a 21.55% year increase compared to the operating income of £ 200.11 in FY23. EBITDA for FY24 was £ 56.15 crore, 12.29% increase against EBITDA of £ 50.01 crore. According to press release, promoter group gradually increased their stake in the business from about 69.32% in March 2020 to 72.63% from December 2024. Furthermore, the promoter group for the expansion of the Business Expansion plans continued to renounce their rights for final dividend announced over the past few years. Bigbloc Construction Ltd, recorded in 2015, is one of the largest and only the AAC block manufacturer in India, with a 1.3 million cubic meters per annual capacity over plants in Gujarat (Kheda, Umargaon, Kapadvanj) and Maharashtra (Wada). Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or brokerage companies, not coin. We advise investors to check with certified experts before making investment decisions. First published: 18 Apr 2025, 10:30 am Ist