{"id":83383,"date":"2023-01-15T13:00:00","date_gmt":"2023-01-15T07:30:00","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=83383"},"modified":"2023-01-13T17:58:24","modified_gmt":"2023-01-13T12:28:24","slug":"2-6-to-1200-multibagger-stock-turns-1-lakh-to-4-5-crores-in-just-10-years","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/2-6-to-1200-multibagger-stock-turns-1-lakh-to-4-5-crores-in-just-10-years\/","title":{"rendered":"\u20b9 2.6 to \u20b9 1200: Multibagger stock turns \u20b9 1 lakh to \u20b9 4.5 crores in just 10 years"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1596689009\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>The Shares of Jyoti Resins and Adhesives Limited have delivered 45,830% in just ten years, as the share price has risen from Rs 2.6 in January 2013 to the current level of Rs 1,201 on the BSE.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-175599473\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p><strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/514448\/standalone\" target=\"_blank\" rel=\"noreferrer noopener\">Jyoti Resins and Adhesives Limited<\/a><\/strong> is an India-based company that is engaged in the business of manufacturing synthetic wood adhesives under its brand name EURO7000.\u00a0<\/p><p>If an investor would have invested Rs 1 lakh in the company in January 2013, the total value of their holdings would be Rs 4.59 Crores today.&nbsp;<\/p><p>The shares reached an all-time high of Rs 1,818.45 in September 2022. At that point, the total value of Rs 1 lakh would have been 6.63 Crore as the shares logged a return of 66,250%.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-2289486755\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>Euro 7000 is a leading Adhesive brand in India. The company has established a plant in Ahmedabad with a capacity of 1,000 tons per month. The company has a presence in 12 states with more than 20 branches in the country.&nbsp;<\/p><p>In Q2FY23, the company reported a total revenue jumped 35 percent to Rs 65.65 crore from Rs 48.62 crore in the same period a year ago. In the previous quarter, their revenue stood at Rs 63.91 crore.&nbsp;<\/p><p>In the quarter under review, they reported a total net profit of Rs 8.82 Crore which increased 103 percent from Rs 4.34 crore in Q2FY22. On a sequential basis, their earnings declined from Rs 9.07 crore.&nbsp;<\/p><p>The company has a market capitalization of Rs 1,464 crores. The company&#8217;s promoters hold a 50.82 percent stake with zero shares pledged. In addition to that, Foreign Institutional Investors(FIIs) hold a 0.74 percent stake.&nbsp;<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by Anoushka Roy<\/strong><\/p><\/blockquote><h4 class=\"wp-block-heading\" id=\"h-disclaimer\"><strong>Disclaimer<\/strong><\/h4><div class=\"wp-block-image\"><figure class=\"aligncenter size-full is-resized\"><img decoding=\"async\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer.png\" alt=\"\" class=\"wp-image-26306\" width=\"256\" height=\"256\"\/><\/figure><\/div><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.<\/strong><\/p><div class=\"trade-after-content\" id=\"trade-707338138\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>The Shares of Jyoti Resins and Adhesives Limited have delivered 45,830% in just ten years, as the share price has risen from Rs 2.6 in January 2013 to the current level of Rs 1,201 on the BSE.&nbsp; Jyoti Resins and Adhesives Limited is an India-based company that is engaged in the business of manufacturing synthetic [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":37503,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,1789],"tags":[2777,2752,2983,5477,2855,5476,948,936,5374,3157,5478,3716,2597],"class_list":["post-83383","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-long-term","tag-long-term-investment","tag-long-term-stock","tag-long-term-stock-to-buy-in-2023","tag-long-term-stocks","tag-long-term-stocks-2023","tag-stock-market","tag-stock-market-news","tag-stock-to-buy-in-2023","tag-stock-to-watch","tag-stock-to-watch-for-long-term","tag-stocks-to-buy-long-term","tag-stocks-to-watch"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>\u20b9 2.6 to \u20b9 1200: Multibagger stock turns \u20b9 1 lakh to \u20b9 4.5 crores in just 10 years<\/title>\n<meta name=\"description\" content=\"The shares reached an all-time high of Rs 1,818.45 in September 2022. 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