The Shares of Bombay Super Hybrid Seeds Limited have delivered 7,024% in just 3 years, as the share price has risen from Rs 8.9 in October 2020 to the current level of Rs 634 on the NSE.
Established in the year 1983, Bombay Super Hybrid Seeds is a leading agriculture Sowing Seeds Company in India that is engaged in supplying a wide range of high-quality seeds to farmers.
If an investor would have invested Rs 1 lakh in the company in October 2020, the total value of their holdings would be Rs 71.24 Lakhs today.
Bombay Super Hybrid Seeds is engaged in processing seeds of various crops such as groundnut, onion, coriander, cumin, rajka, gram, wheat, sesame, and other agro seeds. It has more than 800 distributors across India.
In Q3FY23, the company reported a total revenue jumped 10 percent to Rs 68.96 crore from Rs 62.79 crore in the same period a year ago. In the previous quarter, their revenue stood at Rs 21.02 crore.
In the quarter under review, they reported a total net profit of Rs 6.65 Crore which increased 148 percent from Rs 2.68 crore in Q2FY22. On a sequential basis, their earnings jumped multi-folds from Rs 0.86 crore.
The company has a market capitalization of Rs 6,653 crores. The company’s promoters hold a 73.8 percent stake with zero shares pledged while the remaining 26.21 percent stake is held by the public.
Written by Anoushka Roy
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