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Showing posts from November, 2024

Rakesh Jhunjhunwala's Portfolio Stock Sees Major Growth in Civil Construction

A multi bagger stock from Rakesh Jhunjhunwala’s portfolio, active in the civil construction sector, has seen remarkable growth as the company reported a 111% jump in Profit After Tax (PAT) for the latest quarter. With an impressive order book of Rs 52,370 crore, the company is witnessing substantial business momentum. The strong earnings report has led to a rally in the stock price, with the company's diverse construction projects contributing to its success. Investors are optimistic about its future growth, driven by significant government infrastructure initiatives. A Multi bagger in the Construction Sector The civil construction company in focus has been a part of Jhunjhunwala's portfolio and has been delivering robust performance, cementing its status as a multi bagger stock one that multiplies the initial investment several times over. A 111% rise in its Profit After Tax (PAT) indicates that the company is experiencing healthy profitability, which is likely the result of s...