This is the part that will remove poverty! Converted ₹1 lakh to ₹8 lakh in just one year.

New Delhi. If you are also looking for a multi-bagger share in the stock market, then you should invest in the stock of Transformers and Rectifiers (India) Ltd. (TRIL). Investors’ enthusiasm for the stock has increased after the company’s fourth quarter results. Today i.e. April 10, at the time of writing, the share of TRERL was trading at Rs 517 (Transformers & Rectifiers India Ltd Share Price) on NSE, up 3.77%. This stock has given investors around 770% return in one year.

Transformers and Rectifiers (India) Limited (TRIL) has released the results for the January-March quarter of the financial year 2023-24. In the fourth quarter, the company’s overall net profit increased 4 times to Rs 41.62 crore. In the same quarter of FY 2022-23, the company had earned a net profit of Rs 9.60 crore. Total revenue rose to Rs 514 crore in the fourth quarter of FY 2023-24 from Rs 439.50 crore in the same quarter last year. The company’s profit in FY 2023-24 was Rs 47.01 crore as against Rs 42.35 crore in FY 2022-23.

Also Read- This Tata Group Stock Doubled Its Money In 1 Year, 3 Brokerages To Invest In, Check Target Price

One lakh rupees became 8 lakhs.
Shares of Transformers & Rectifiers (India) Ltd. (TRIL) have been trending upward over the past 12 trading sessions. A year ago i.e. on 10th April 2023 TRIL share price was Rs 59.45. Now it has increased to Rs 517. This means that this multi-bagger share has given investors around 770% return in one year. If an investor had invested Rs 1 lakh in this share a year ago and maintained his investment, today his investment is worth Rs 869,638.

Also Read- If there is an investment then it should be like this, made 1 to 1 million, gave more than 15% profit every year, last year returned 42%

The share price of Transformers and Rectifiers (India) Ltd (TRIL) has gained 57% in the last one month. Over the past six months, this multi-bagger stock has returned 204 percent to investors. So far in the year 2024, this stock has doubled the investors’ money. During this period, TRIL’s share price has increased by 116%.

(Disclaimer: The stock mentioned here is based on the advice of the brokerage houses. If you want to invest in any of them, consult a certified investment advisor first. News 18 of any profit or loss you make. will not be responsible).

Tags: money making tips, Stock market today, Stock tips