Penny Stock worth ₹52.70 Turned ₹1 Lakh into ₹6.50 Lakh in Just Six Months

This stock, priced at less than Rs 52, has given more than 500% within six months, and more than 1000% returns within a year and has increased investors’ money by more than 5 to 10 times.

The name of this company is Himachal Fiber Limited, now known as Rudra Ecovation Limited, which is a part of Birla (Yash) Group. Recently, the company changed its name after the merger with Shiva Texfabs Limited.

Shares of Rudra Ecovation Ltd. have been hitting back-to-back upper circuits for the last few days and even today it has opened with an upper circuit of 2 percent. Today it is trading at its 52-week high of Rs 52.70 after hitting the upper circuit of 2 per cent. If we talk about its 52-week low, it is Rs 3.74.

Rudra Ecovision shares have seen a rise of more than 10% in the last 5 days, 19% in a month, 60% in two months, and 99% in three months. You can check the tables below for detailed performance and returns.

Rudra Ecovation Share Soars 1000% in 1 Year

Rudra Ecovation shares Zoom 99% in three months, 553% in six months, and 942% in nine months. The company’s overall performance over the last 12 months is 1036% and for investors who invested ₹1 Lakh in it 12 months ago, its value has grown to ₹11.35 Lakh today.

Rudra Ecovation Shares Performance in 2024 YTD

Rudra Ecovation’s share price was ₹31.60 in January and today it is trading at ₹52.70 representing a total gain of 66.77% in 2024 YTD.

Rudra Ecovation Shares Performance in 2023

The share price of Rudra Ecovation in January 2023 was ₹5.49, and on the last trading day of the year, it closed at ₹30.99 with a gain of 464.48%.

Rudra Ecovation Share Performance since Listing (Compounding)

In the table below, you can check the company’s absolute returns and CAGR growth from listing. You can also check that if someone has invested a lump sum of Rs 1 lakh, then what is the value of those shares today…

• If we look at the performance of the last 12 months, it has seen a rise of more than 1000 percent.
• In the last five years, it has increased investors’ money by more than 22 times.
• For investors who had invested Rs 1 Lakh in Rudra Ecovation Shares on listing day, the value of those ₹1 lakh worth of shares has increased to ₹35 lakh.
• The company’s last five-year stock CAGR growth is 86.11% and its last ten years’ CAGR growth is 45.27%

Rudra Ecovation Share Performance since Listing (Year-wise)

About the Company

Established in 1980, Rudra Ecovation (BSE: 514010) is engaged in the textile industry and is part of the prestigious Birla (Yash) Group. Rudra Ecovation specializes in the production and distribution of cotton polyester yarn and knitted fabrics and has a diverse product portfolio.

From cotton yarn, mélange yarn, and cotton dyed yarn to open-end yarn and blended yarn, the company supplies to global hosiery and knitwear manufacturers. Operating from its state-of-the-art facility at Baddi, Himachal Pradesh, it has a manufacturing capacity of 20,344 spindles and 504 rotors. As a pioneer, it became the first spinning mill in India to convert into a 100% export-oriented unit, exporting more than 80% of its high-quality products to discerning markets such as Europe and Mauritius.

Last 5 Years Profit & Loss Statement

Last 10 Years Compounded Sales & Profit Growth

Shareholding Pattern

“Returns on ₹1 Lakh” are used for reference only, not for advice to invest ₹1 lakh. Such small and risky companies are not made for such big investments.

Disclaimer: This article is for informational purposes only and should not be considered investment advice.