Apar Industries rise
from Rs.36 per share to Rs.5230 per share
In this article, we will discuss about
the company that has generated a lot of wealth for investors in the last 19
years despite the COVID-19 situation and ongoing geopolitical tensions. The company
is India Infrastructure Company and the name of the company is Apar Industries
Limited.
About Company:-
· Apar Industries
Limited, established in 1958, is one of the largest manufacturers of aluminum
and alloy conductors.
· Apar is also the
world's largest transformer oil producer and ranks third in the world.
· The company reported
revenue of Rs 14352 crore and net profit of Rs 637 crore for FY 2022-23.
Company Returns:-
This stock has given very good returns
to its investors. The company has given an excellent return of 14101% in its
last 19 years. On 15th July 2004, the stock was trading at Rs 36.83 per share
and now on 19.09.2023 the stock is trading at Rs. 5230 per share. Now if you
had invested Rs 1 lakh in the stock at that time, then its price as on today's
date would be Rs 1.41 crores. That means this stock changed from penny stock to
multibagger.
The stock prices mentioned include all
stock splits and bonuses issued by the company.
Dividend paid by the
company:-
The returns mentioned are without considering
dividends. Now let us see how much this company has distributed in the last few
years:-
Return against dividend:-
The company has paid a dividend of Rs
117.75 per share since 2001. The company has continued to pay dividends even
during COVID-19 and ongoing geopolitical tensions. The company has paid a
dividend of Rs 15 per share for the financial year 2021-22. Their dividend
yield has been increasing year after year.
Now if you have bought Rs 1 lakh share
of Apar Industries at a price of Rs 36.83 per share, which includes all the
bonus shares and stock split. As of today, you can hold 2715 shares and in
exchange for those shares you will get 40727 as dividend income for the
financial year 2022-23. It is much more than an investment. In the last 24
years, there is no other instrument which will give such huge returns.
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.