Miracle of 22 paise share, from 1 lakh rupees to 45 lakh rupees in 4 years

Multi Bagger Stock: No one knows when a stock will bring money in the stock market. Many penny stocks have done similar feats. Although the risk of losing money in these stocks is high, many people still invest a lot of money in them. One such multibagger penny stock that is attracting investors is Comfort Intake. This trading and supply company stock has given investors more than 3000% returns in the last 4 years. In April 2020, the share price of Comfort Intake was just 22 paise. Now it has increased to Rs 10.06.

Comfort Intake Company was established in 1994. Earlier it was called Comfort Finvest Limited. In the year 2000, the company changed its name to Comfort Intech Limited (CIL) to obtain a new Certificate of Incorporation. The company is headquartered in Mumbai. The company offers a range of activities from commodity trading to real estate financing and leasing.

Also Read- Fundamentals are strong, company is growing, now is a good time to invest in this large cap stock.

Multi-bagger returns are given in one year.
Shares of Comfort Intake have returned 285 percent in the past one year. This multi-beagger share price has returned 12% in one month and 53% in six months. So far in 2024, Comfort Intake’s stock is up 8%. Also this share has given 3000% profit in last four years. Its 52-week high is Rs 12.28, touched on February 27, 2024. The company has a market capitalization of Rs 321 crore at the closing price of Friday, March 15.

One lakh became 45 lakhs.
If an investor had invested Rs.1 lakh in this multi-bagger share four years ago and maintained his investment till now, today his investment value has increased to Rs.4,572,727. If an investor had invested 10 thousand rupees, he is now getting around 5 lakh rupees and the one who invested 5 thousand rupees is now getting 2.5 lakh rupees.

25% increase in income
In the third quarter of the current financial year 2023-24, the company has recorded a revenue of Rs 46.03 crore. This is 25.63% higher than the corresponding quarter of the previous financial year. Along with this, its revenue growth has been 71.82% on a quarterly basis. If we look at the shareholding pattern, 57.46 percent shares of the company are held by the promoters while 42.54 percent shares are held by the public.

(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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