Piccadily Agro Industries: In a remarkable turn of events, Piccadily Agro Industries, a small-cap company, has turned out to be a goldmine for investors who held onto their faith in the company. Over the past few years, Piccadily Agro Industries’ shares have skyrocketed from 80 paise to over ₹660, delivering an astounding return of over 83000% to investors during this period. The company’s shares closed at ₹667.25 on Tuesday, April 30, 2024, hitting an upper circuit of 5%. Notably, Piccadily Agro Industries’ profit surged by 818% in the March 2024 quarter.
Piccadily Agro Industries Shares: A Phenomenal Rally
On April 30, 2004, Piccadily Agro Industries (Piccadily Agro Industries) shares were trading at 80 paise. As of April 30, 2024, the company’s shares closed at ₹667.25. During this period, Piccadily Agro Industries’ shares have provided investors with an incredible return of 83307%. Over the past 5 years, Piccadily Agro Industries’ shares have witnessed a robust surge of 6593%. On May 3, 2019, the company’s shares were trading at ₹9.97, which reached ₹667.25 on April 30, 2024.
Doubling Money in a Month
In just a month, Piccadily Agro Industries’ shares have doubled investors’ money. On April 2, 2024, the company’s shares were trading at ₹332.85. Piccadily Agro Industries’ shares closed at ₹667.25 on April 30, 2024. The company’s shares have delivered returns of close to 101% in a month. This year, Piccadily Agro Industries’ shares have surged 145% so far. Meanwhile, the company’s shares have witnessed gains of over 200% in the past 6 months. On November 2, 2023, the company’s shares were trading at ₹222, which reached ₹667.25 on April 30, 2024.
Company’s Profit Jumps 818%
Piccadily Agro Industries net profit surged by 818.22% to ₹43.34 crore in the March 2024 quarter. The company had reported a profit of ₹4.72 crore in the same period a year ago. The company’s net sales increased by 36.84% to ₹266.53 crore in the January-March 2024 quarter compared to ₹194.78 crore in the same period a year ago.
Please note that this is a news article and not investment advice. Investors should conduct their own research before making any investment decisions.