with a market capitalization of 926.39 Crores, Ritesh Properties & Industries Limited is a small-cap company engaged in the real estate industry. Ritesh Properties & Industries Limited is a well known corporation having activities in real estate and fashion industries. Sanjeev Arora, the Chairman and Managing Director of the firm, is in charge of RPIL, a Public Limited Company headquartered at Ludhiana and a BSE ticker. Symbol of 526407. Shares of Ritesh Properties & Industries Limited are among those multibagger stocks that have made the shareholders millionaires in a period of 5 years, let us know.
Share Price History of Ritesh Properties & Industries Ltd.
Shares of Ritesh Properties & Industries Ltd closed on BSE on Friday 37.90 level, up 0.66% from previous close 37.65. share price skyrocketed 1.10 up to the current market price on July 14, 1995 which logs into a multibagger and is an all-time high of 3,345.45%. Therefore, the investment of 1 lakh made in stock 27 years ago becomes now 34.45 lakhs.
an investment of 1 lakh invested in stocks three years ago would have grown now 25.43 lakh thanks to the meteoric rise of stock from 1.50 from the current market price, which translates to a multibagger return of 2443.62% and a CAGR of 233.22%. an investment of 1 lakh made in stock five years ago would have increased now 58.30 lakhs because the share price has risen from 0.65, at the current price level, as of September 22, 2017, registering a multibagger return of 5,730.77% and an estimated CAGR of 105.89%.
In the last 1 year, the stock has generated a multibagger return of 142.33% which also entails a CAGR of 146.67%. On a YTD basis, the stock has fallen 11.55% so far in 2022. On BSE, the stock had touched a 52-week high. at 55.50 (25/08/2022) and 52-week low of At 14.86 (21/09/2021), it shows that the stock is trading below the 31.71% high and above the 155.04% low at the current market price. The stock was seen trading below the 5-day, 10-day, 20-day, 50-day and 100-day EMAs but above the 200-day Exponential Moving Average (EMA) at the close of Friday, indicating a bearish outlook ahead. Is.
Key highlights of Ritesh Properties & Industries Ltd.
For the quarter ended June 2022, the company recorded promoter shareholding of 71.74%, FII holding of 2.26% and public shareholding of 26.01%. However, promoters and foreign institutional investors (FIIs) had the highest stake in June which has been on a consistent upward trend since September 2019, making it a favorite stock for them. The stock was seen trading at a P/B ratio of 0.97 and a TTM PE of 62.13 till Friday’s close. On Friday, 36,934 shares were traded, lower than the 20-day average volume of 99,586 shares. Comparing the current valuation ratio of Ritesh Properties & Industries Ltd with historical ratios such as P/E and EV/EBITDA, it appears that the stock is overpriced.
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