CAGR, or Compound Annual Growth Rate, is a crucial financial metric used to measure the annualized growth rate of an investment over a specified period. It provides a smooth representation of growth, factoring in compounding effects. Widely utilized in assessing business performance and investment returns, CAGR offers insights into long-term trends.
Here are the 3 stocks with revenue CAGR of up to 196 percent in 3 years:
Jupiter Wagons Ltd
Jupiter Wagons Limited is an integrated railway engineering firm that manufactures freight wagons and passenger coaches for the Indian Railways. The Company manufactures railway wagons, wagon components, castings, and metal fabrication, which includes load bodies for commercial vehicles, rail freight wagons, and components.
With a market capitalization of Rs 22,053.59 crore, the shares were trading at Rs 534.90 per share, increasing around 1.88 percent as compared to the previous closing price.
The stock gave a return of 52.90 percent return in months and a multi-bagger return of 324.92 percent in 2 months. If an investor invests Rs 1 lakh in the company would be worth Rs 4.24 lakhs in two months.
The company’s consolidated revenue numbers have showcased an increase from Rs 996 crores during FY21-22 to Rs 3,641 crores in FY23-24. The company has a revenue CAGR for 3 years is 54 Percent.
Zen Technologies Ltd
Zen Technologies Limited creates, develops, and manufactures combat training and counter-drone products for defense and security forces. It actively participates in the indigenization of technology that benefits the Indian armed forces, state police, and paramilitary forces.
With a market capitalization of Rs 8,278.36 crore, the shares were trading at Rs 985.00 per share, increasing around 1.09 percent as compared to the previous closing price.
The stock gave a return of 29.31 percent return in 6 months and a multi-bagger return of 195.67 percent in 12 months. If an investor invests Rs 1 lakh in the company would be worth Rs 2.95 lakhs in two months.
The company’s consolidated revenue numbers have showcased an increase from Rs 55 crores during FY21-22 to Rs 440 crores in FY23-24. The company has a revenue CAGR for 3 years is 100 Percent.
Lloyds Metals & Energy Ltd
Lloyds Metals and Energy Limited mines iron ore manufactures sponge iron, and generates power. It works in three segments: sponge iron, mining, and power. The Sponge Iron section comprises the production and manufacture of sponge iron. The Mining section comprises the mining of iron ore from mines.
With a market capitalization of Rs 35,862.90 crore, the shares were trading at Rs 709.80 per share, increasing around 1.10 percent as compared to the previous closing price.
The company’s consolidated revenue numbers have showcased an increase from Rs 251 crores during FY21-22 to Rs 6,522 crores in FY23-24. The company has a revenue CAGR for 3 years is 196 Percent.
Written by:- Abhishek Singh
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