One lakh became Rs 30 lakh, even ex-servicemen have invested in this part.

New Delhi. Shares of pharma company Newland Laboratories in the portfolio of veteran investors Vijay Kedia and Mukal Aggarwal have driven investors crazy in just five years. Five years ago, i.e. in 2019, the share price of this multi-beagger was Rs 500, while on November 14, 2024, its price on BSE increased to Rs 15,547.45. Thus the stock has given a strong return of 2953% during this period.

The share price of Newland Laboratories has increased by 147% in the last one month. This multi-bagger share has given 192% profit in the year 2024. The share price has increased by 186% in one year. The company has a market cap of around Rs 20,000 crore. On 12 November 2024, the stock touched a 52-week high of Rs 16,544.75 on the BSE.

Also Read- Time is Money… If you give 5 years more time to invest, you will get 20 years worth of returns, check calculation.

One lakh became 30 lakh rupees.
If one had invested Rs 20,000 in shares of Newland Laboratories 5 years ago and held it till now, that investment would have grown to more than Rs 6 lakh. Similarly, if an investor had invested Rs 50,000 in this multi-bagger share five years ago and maintained his investment, today his investment has become Rs 15 lakh. A person who invested Rs 1 lakh in shares of Newland Laboratories five years ago is getting more than Rs 30 lakh today.

Financial position of the company
Newland Laboratories’ consolidated revenue fell 25 percent year-on-year to Rs 310.84 crore in the July-September 2024 quarter, from Rs 417.74 crore a year ago. Net profit also fell 63% to Rs 328.42 crore from a year ago, as against Rs 892.47 crore in the September 2023 quarter.

Half-yearly results also declined
The company’s consolidated net profit for the April-September 2024 half was Rs 130.71 crore, as against Rs 151.12 crore a year ago. During the same period, income from operations declined to Rs 750.44 crore, as against Rs 780.74 crore last year.

(Disclaimer: The information given here is based on mutual fund performance. If you want to invest in any of them, consult a certified investment advisor first. News 18 of your profit or loss. will not be responsible for.)

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