A share from the energy sector increased the investment of 1 lakh to 23 lakh rupees in one year. TaylorMade Renewables Ltd shares are flying. Shares of the company, which has given multibagger returns in the last one year, were at Rs 24.35 on November 16, 2022. But on November 16, 2023, the price jumped to Rs 608. Investors have gained nearly 2,200 percent from the stock in just one year of holding period.
The company has released its operating result report for the quarter ended September 30, 2023. .In the first quarter of FY2024, the company’s revenue was Rs 26.11 crore. The company has achieved a growth of 246.38 percent year-on-year. The company’s operating profit was Rs 9.71 crore and profit after tax was Rs 8.05 crore.
The company has released its operating result report for the quarter ended September 30, 2023. .In the first quarter of FY2024, the company’s revenue was Rs 26.11 crore. The company has achieved a growth of 246.38 percent year-on-year. The company’s operating profit was Rs 9.71 crore and profit after tax was Rs 8.05 crore.
The company is engaged in various businesses in the renewable energy sector. The company focuses on manufacturing solar-based products including cooking and industrial applications, solar air conditioning, solar space heating, solar drying and solar wastewater evaporation.
Today, the share price opened at Rs 608.25. The high price was Rs.608.25 and the low price was Rs.591.05. Today, the stock price rose by five percent to trade at Rs 608.25. The 52-week high is Rs 719. 52-week low of Rs.23.15.
(Disclaimer: Investing in stocks carries a high risk of loss. This article is not a recommendation to invest in any stocks)
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