Multibagger Stock News: Shares of John Cockerill India Limited have seen an 18 percent jump in the stock market today. This multibagger stock is priced at Rs. opened at 5462.60. The intra-day high of the company touched the level of Rs.6443. This is the company’s 52-week high. The price of this stock has increased by more than 42 percent in the last 2 days.
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On June 5, the share price of the company was at the level of Rs 3250. During the last 13 days, the share price of the company has seen an increase of more than 98 percent. That means investors’ money has almost doubled during this period.
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Last month the company traded ex-dividend
The company traded ex-dividend on May 6. Thereafter, the company will issue to the eligible investors Rs. A dividend of 7 was paid. The company went into ex-dividend trade for the first time on August 6, 2001. Then the company gets Rs. A dividend of 2 was received. Then after 6 years the company gave a dividend of 9 rupees. After that the company gave dividend continuously till 2012.
Company earns ₹2333 crore, shares up 3%, ex-dividend date this week
How is the stock market doing?
The share price of the company has seen an increase of more than 90 percent in the last 6 months. At the same time, investors who held the stock for a year made a 120 percent profit. It means that the money of permanent investors has doubled during this period. The company’s 52-week high is Rs 2374. The market cap of the company is Rs. 2965.75 crores.
The promoters’ share in the company is 75 percent. The public share is 24.91 percent. Foreign investors accounted for nothing in the December quarter. But it increased to 0.02 percent in the March quarter.