The lover of the promoters and FII shares turned 1 lakh into 58 lakh in 5 years

With a market capitalization of 926.39 crore, Ritesh Properties & Industries Ltd. is a small-cap company engaged in the real estate industry. A well-known corporation with activities in the real estate and fashion sectors is Ritesh Properties and Industries Ltd. Sanjiv Arora, President and CEO of the company, is in charge of RPIL, a limited liability company with headquarters in Ludhiana and a symbolic BSE ticker of 526407. Shares of Ritesh Properties and Industries Ltd. is one of the multibagger stocks that has made shareholders lakhpati over a period of 5 years, let’s find out.

Ritesh Properties and Industries Ltd stock price history

Shares of Ritesh Properties and Industries Ltd closed on the BSE on Friday at Level 37.90 per person, up 0.66% from the previous closing level of 37.65. The stock price has skyrocketed from 1.10 as of July 14, 1995 compared to the current market price recorded in a multi-pocket calculator and an all-time high of 3,345.45%. Therefore, an investment of 10,000 that was produced in stock 27 years ago has now moved 34.45 thousand.

An investment of 10,000 invested in stocks 3 years ago has increased now 25.43 lakh thanks to the outstanding rise in shares from 1.50 off the current market price, marking a multibagger profit of 2443.62% and a CAGR of 233.22%. An investment of The 10,000 that were produced in the warehouse 5 years ago has now increased 58.30 lakh because the share price has increased from 0.65 as of September 22, 2017, at current prices, records a multibagger return of 5,730.77% and an approximate CAGR of 105.89%.

Over the past 1 year, this stock has generated a multibagger return of 142.33% and at a CAGR of 146.67%. On a year-to-date basis, the stock is down 11.55% so far in 2022. On the BSE, the stock hit a 52-week high of 55.50 on August 25, 2022 and the 52-week low is 14.86 days (September 21, 2021), showing that at the current market price, the stock is trading 31.71% below the high and 155.04% below the low. At Friday’s close, the stock was trading below the 5-day, 10-day, 20-day, 50-day and 100-day EMAs but above the 200-day exponential moving average (EMA), indicating a bearish signal. price in front.

Ritesh Properties and Industries Ltd Key Features

For the quarter ended June 2022, the company recorded a shareholder equity ratio of 71.74%, FII holding 2.26% and public shareholding of 26.01%. However, the share ownership rate of promoters and Foreign Institutional Investors (FII) was highest in June and has been continuously trending upward since September 2019, making it a reliable votes for them. The stock was trading at a P/B ratio of 0.97 and a PE TTM of 62.13 at Friday’s close. Volume of 36,934 shares was traded on Friday, less than the 20-day Average Volume of 99,586 shares. When comparing the current valuation ratios of Ritesh Properties & Industries Ltd. Given its previous valuation ratios, such as P/E and EV/EBITDA, it seems that the stock is overvalued.

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