Large-cap multi-bagger stocks are well-established companies with a market capitalization of more than 48900 crores that provide extraordinary returns, frequently doubling or tripling in value in a matter of years.
Suzlon Energy Ltd.
Suzlon Energy Limited is a provider of renewable energy solutions based in India. The Company manufactures wind turbine generators (WTGs) and related components in a variety of capacities.
Suzlon Energy’s share price opened 1 percent up at Rs 38.55 per share from its previous close of Rs 38.15 per share on Friday with a market capitalization of Rs 51,030 crores.
The company’s share price has increased by 150 percent in the last six months and by 257 percent year to date. For instance, if an investor invested Rs 1 Lakh a year ago the current value of the investment would be 3.57 Lakhs.
When compared to its peers, Suzlon has a low price-to-earnings ratio of 90, and its net profit margin of 48 is higher than its historical net profit margin.
According to the company, net revenue decreased by 0.9 percent year on year, from Rs 1,430 crores in Q2FY23 to Rs 1,417 crores in Q2FY24. Furthermore, net profit increased by 82 percent year on year, from Rs 56 crores in Q2FY23 to Rs 102 crores in Q2FY24.
REC Ltd.
REC is a Central Public Sector Undertaking under the Ministry of Power that finances projects across the entire power sector value chain, from generation to distribution.
On Friday, the share price of the company opened at 1 percent up Rs 414 from its previous close of Rs 410.25 the market capitalization of the company is Rs 1,07,000 Crores.
The company’s share price has increased by 238 percent over the past year and by 147 percent over the previous six months. For instance, if an investor invested Rs 1 Lakh last year the current value would be 3.38 lakhs.
REC Limited’s return on equity is 20 percent, its return on capital employed is 9 percent, and the company has a good dividend yield of 3.19 percent with a net profit margin of 28 percent and with dividend yield of 11 percent.
According to the company’s financial statements, net revenues increased by 17 percent from Rs 9,955 crores in Q2FY23 to Rs 11,688 crores in Q2FY24. Net profit increased by 38 percent during the same period, from Rs 2,732 crores to Rs 3,789 crores.
Power Finance Corporation Ltd.
Power Finance Corporation Limited is a Systemically Important Non-Deposit NBFC registered with the RBI as an Infrastructure Finance Company. It is providing financial assistance to the Indian power sector.
On Friday, the share price of the company opened at 0.8 up Rs 388 from its previous close of Rs 384.9 the market capitalization of the company is Rs 1,26,000 Crores.
The share price of the company has risen by 120 percent in six months and 218 percent in the year to date. For example, if an investor invested Rs 1 Lakh last year the current value would be 3.18 lakhs.
Power Finance Corporation has a low price-to-earnings ratio of 7 when compared to its peers, a return on equity ratio of 27 percent, a return on capital employed of 9 percent, a dividend yield of 8.7 percent, and a net profit margin of 27 percent.
Looking at the company’s financial statements net revenues rose 15 percent from Rs 19,336 crore in Q2FY23 to Rs 22,391 crore in Q2FY24, Furthermore, net profit increased 26 percent from Rs 5,229 crore to a net profit of Rs 6,628 crore during the same period.
Written by Sriram KV
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