Multibagger Stock: Over 3,400% Return In 10 Years! Do You Own This?
Shares of Vinati Organics have delivered over 300 per cent return in the last 5 years
Multibagger Stock
Long-term investors have made big gains as this stock has zoomed over 3,400 per cent in the last 10 years
Multibagger Return On Vinati Organics
Vinati Organics is the world’s largest manufacturer of IBB and ATBS. The company offers a range of organic chemicals, speciality chemicals and niche speciality chemicals
About The Company
The company reported a 15 per cent rise in consolidated net profit to Rs 116 crore as compared to Rs 101 crore in the same period last fiscal year. Net sales rose by 51 per cent to Rs 566 crore
Vinati Organics Q2 Update
As per ICICI Direct, the numbers reported by Vinati Organics were above their estimates on all fronts, driven by a strong performance from both ATBS & Butyl phenols. It has upgraded its rating from HOLD to BUY
Numbers Better Than Estimates
The brokerage Nirmal Bang has upgraded the rating on Vinati Organics stock to 'Buy' with a target price of Rs 2,300
Analysts On Vinati Organics
"We see the potential of 25 per cent EBITDA CAGR over the next five years, backed by a strong track record, process innovation thrust and sound financials," said Nirmal Bang in its latest report
25% EBITDA CAGR over the next 5 years?
Vinati Organics Share Price
On Friday, the shares ended 1 per cent lower at Rs 2,095 on the Bombay Stock Exchange. Market cap of the company fell to Rs 21,532.8 crore
Stock mentioned in the story is for information purposes only. Investors or market participants should consult their financial advisors before taking any position