Multibagger Stock Details: Most people investing in the stock market are looking for at least one multibagger stock. If there is a multibagger stock in the portfolio, it can compensate for the damage caused by other stocks.
Today we are telling you about one such multibagger stock called JSW Holdings. This company is connected to JSW Group. It has given tremendous returns to its investors in the last 20 years.
In the year 2005, the price of this stock was Rs 226, which has now increased to Rs 26,420. That is, it has given a return of about 11,454% in the last 20 years.
JSW Holdings Limited is an investment company and is mainly engaged in investment and funding business. The main source of its income is interest and dividend.
JSW Holdings has a major stake in JSW Steel, which is a major company in the global steel industry. Currently promoters have 66.29%, foreign investors have 22.62% and retail investors have 10.88% stake.
In the year 2024, the revenue of JSW Holdings was Rs 169.56 crore, while in 2023 it was Rs 406 crore. A decline in net profit was also recorded – while in 2023, the net profit was Rs 299.61 crore, while in 2024 it was reduced to Rs 111.65 crore.
Apart from this, the company's Roe and EPS have also declined in 2024 as compared to 2023. However, despite all this, this stock has given a great return of 293.64% in the last one year.
