₹2 Penny Stock with 1200% Returns in 5-Yrs, Stock Hitting 20% Upper Circuit Daily

For the last few days, profit booking has been seen in the stock market, while there are some stocks where tremendous buying is being seen and the stocks are in the upper circuit. One of these stocks is Tuni Textile Mills (BOM: 531411) which has been running on the upper circuit of 20% for the last two days.

Shares of Tuni Textile Mills closed at Rs 2.54 yesterday with a 20% upper circuit. Its 52-week high is Rs 2.70 and its 52-week low is Rs 1.34.

Tuni Textile Mills Shares Performance & Return

Shares of Tuni Textile Mills were listed on BSE in May 2010 but since its listing, it has not delivered any good returns on a long-term basis. Its stock has seen good growth in the last five years. Tuni Textile Mills shares have increased by more than 1200% during this period. Regarding the recent performance, it has delivered 41.90% returns in a month, and 66.01% in four months. You can check the tables below to know the performance in detail.

Tuni Textile Mills shares have increased by 50 percent in the last 12 months. If you had invested ₹10 thousand in it a year ago, today the value of those shares would have increased to ₹ 14,941.

Tuni Textile Mills Share Performance in 2024 YTD

Tuni Textile Mills’ share price was ₹2.09 in January and today it is trading at ₹2.54, indicating an overall gain of 21.53% in 2024 YTD.

Last 5 Years Stock Performance (Compounded)

The table below shows the company’s absolute returns and CAGR growth from listing. You can also check that if someone has invested a lump sum of Rs 10 thousand then what is the value of those Rs 10 thousand worth of shares today…

• Tuni Textile Mills shares have increased 49% in a year.
• Shares of Tuni Textile Mills have increased investors’ money more than 4 times in the last three years.
• For investors who had invested Rs 10k in it five years ago, the value of those shares has increased to ₹133,684 today.
• The CAGR growth of the stock for the last 5 years is 67.96%.

Tuni Textile Mills Performance since Listing (Years-wise)

About the Company

Established in 1987, Tune Textiles Mills Limited is engaged in the business of manufacturing synthetic gray fabric. The company’s primary business is to supply premium shirting fabric to a wide range of customers including leading brands, wholesalers, exporters, and multinational corporations in India. Tune Textiles Mills offers a diverse product portfolio that includes Pick & Pick, Fil-a-Fil, Chambray, Cotton, Polyester, Polyester-Cotton, and various other blends to meet the growing needs of the textile market.

With a strong manufacturing capability, Tun Textiles Mills produces over 7.2 million meters of fabric annually on state-of-the-art European looms, ensuring both quantity and quality. Its clients include renowned names like Siyaram, Mafatlal, and Donear apart from other leading apparel and garment export houses. In terms of revenue, Tune Textiles derives about 83% from gray fabric, 15% from finished fabric, and 2% from job charges.

Tune Textiles Mills Fundamentals

Q3 Financial Year 2024 Result

Figures in Rs. Crores

Tuni Textile Mills Profit & Loss Statement

Figures in Rs. Crores

Last 10 Years Compounded Sales & Profit Growth

Shareholding Pattern