72% in one month and 1400% in 4 years, this stock is making a lot of money.

New Delhi. Shares of small cap company Roto Pumps have given its investors huge returns in a short span of time. In the last trading session i.e. July as well, the stock closed at Rs 706.55 with a gain of 2.42 percent on the BSE. Shares of Roto Pumps have given investors 72% profit in one month. Also, the share price has increased by 1435% in four years. It has a market capitalization of Rs 2,219 crore. The stock has a 52-week high of Rs.748.65 and a 52-week low of Rs.300.45.

Roto Pumps Limited was established in 1968. The company manufactures progressive cavity pumps in India, which are used in various industries including Wastewater, Sugar, Paper, Paint, Oil & Gas, Chemical & Process, Ceramics, Food & Beverages, Renewable Energy & Power, Mining And there are explosives, marines and defenses. The company is exporting products to more than 50 countries.

Tax Free Income: If you earn money from here, you will not have to pay a single penny of income tax.

That is why it has increased.
Roto Pumps recently announced the launch of a synthetic lift downhole pump. These progressive cavity pumps cater to the needs of both domestic and international markets. In addition, Roto Energy Systems Limited, a wholly owned subsidiary of India-based Roto Pumps, has also announced the launch of a new product, the Roto Rudra Solar Pumping System. Due to these two news, the shares of Roto Pumps have increased.

It went from Rs 46 to Rs 706 in four years.
Roto Pumps shares have given good returns to long-term investors. On July 3, 2020, the price of this share was Rs.46. Today it has increased to Rs 706. Thus this multi-bagger share has given 1435% profit in four years period. If an investor had invested in Roto Pumps shares four years ago and is still investing, today the value of his investment has increased to Rs 1,534,782.

Net profit increased in the fourth quarter.
Roto Pumps’ net profit rose 15.12% to Rs 12.64 crore in the quarter ended March 2024, compared to Rs 10.98 crore in the previous quarter ended March 2023. Sales rose 13.85 percent to Rs 81.93 crore in the quarter ended March 2024, from Rs 71.96 crore during the same quarter last fiscal.

(Disclaimer: The information given here is based on share performance. As investing in stock market is subject to market risk, please consult a certified investment advisor before investing. News 18 Hindi becomes responsible for any damages you incur.)

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