2022 Multibagger stock hits upper circuit with YTD returns of 1,088 per cent so far

The construction industry is the focus of International Construction Limited, a small cap company with a market valuation of 90.05 crores. The company’s primary business operations include contract work and finance. The company’s employment contract work is mostly in the infrastructure sector. As part of its financial activity, ICL borrows money from the market or its group companies and uses it to finance income-generating enterprises such as loans and share acquisitions. Today’s share price for the shares of International Construction Limited is Rs. 247.80 per share, and the stock ended the day crossing its upper circuit limit with an upside gap of 5%. K stock’s previous 52-week high 236.00 was formed on 2nd August 2022 and the stock is hitting its upper circuit since last 19th trade session. 12,761 shares traded in today’s trading session with total volume reaching the upper circuit limit, equaling Rs 31.62 lakh in trading value. Average volume over the past 20 days was 4,468 shares.

International Manufacturing Stock Price History

Over the past 5 years, the share price has risen by 13.10 on 25 January 2019. to the current level of 247.80 3 Aug 2022, 3:30 PM IST, which logs a multibagger return of 1,791.60% indicating that an investment of 1 lakh made in this stock 5 years ago must have turned 18.91 lakhs. an investment of 1 lakh made a year ago would have become The share price has gone above 10.43 lakhs as of today 23.75, as on August 4, 2021, recording a multibagger return of 943.37 per cent, at the current price level. On a YTD basis, the share price has increased by 20.85 up to the current level as of 4 January 2022 which logs a multibagger return of 1,088.49% indicating that an investment of 1 lakh made in this stock at the beginning of the year would have turned into 11.88 lakhs. share price has increased 35.90 as on February 4, 2022, at its current level during the last six months, resulting in a multibagger return of 590.25 per cent, which means that an investment 1 lakh made in this stock six months ago has now increased 6.90 lakhs. The stock has gained 136.56 per cent in the last month and 21.50 per cent in the last five days.

Highlights of International Construction

On December 21, stock . K reached 52-week low 18.95, which means that at the current price level, it is currently trading 1207 percent above the low, indicating the highest recovery from that low. The promoter ownership of the company is 75.00 percent, and has 36,33,960 outstanding shares. In comparison to its competitors like Rail Vikas and NCC Ltd., the stock is overvalued as it is trading at a higher P/E of 247.80. According to its rivals PNC Infratech, KNR Construction, National Standard (India) Ltd and Macrotech Developers Ltd, the company’s poor ROCE of 1.80% indicates that it is not deploying its capital effectively and hence the return on investment is low. . The company’s poor ROE of 1.10 percent suggests that, compared to its aforementioned rivals, it hasn’t been able to generate profit from its shareholders’ equity. The stock is now trading at a high EV/EBITDA ratio of 67.01, and is also trading at 2.59 times its book value. Both ratios indicate that the stock is expensive compared to the competitors mentioned above.

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