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HomeSHARE MARKETDividend Stock: 2590% Amazing Return Multibagger Stock; Now Share Target ₹1500

Dividend Stock: 2590% Amazing Return Multibagger Stock; Now Share Target ₹1500

Dividend Stock: Astec Lifesciences Ltd (NSE: ASTEC) is among the companies that have provided investors with excellent returns over the past ten years. The company’s shares have seen a rise of 2590 percent during this period. Let us know about this multibagger stock in detail –

Investors Got Strong Returns

If a person had purchased this stock ten years ago, his profit would have risen to 2.5 lakh rupees at present. The best part from the investor’s perspective is that shares of the company have seen an increase this year, too.

This multi-bagger stock has got a return of 35 percent in 2024. At the same time, during the last 6 months, the company’s shares have risen by 2.5 percent.

How Much Is The Share Selling For Now?

The total stake of the promoters in the company is 66.75 percent. However, the public owns a 33.25 % stake in the company. 

Talking about mutual funds, there is a 7 percent stake. However, foreign investors do not have any significant stake in the company. 

We’ll tell you that on Friday, shares of the company ended the day at 1458.45 rupees with an increase in the amount of 0.52 %.

If we talk about the company’s performance in the stock markets in the last year, then the stock price has increased by only 6.7 percent during this period. That is, investors who have held this stock for a year have not got much benefit.

The Company Has Been Giving Dividends Since 2010

The company has been giving dividends to investors since 2010. According to BSE information according to BSE data, on August 12 2010 the company paid the dividend of 1 rupee per share. 

Since then, investors have been getting the benefit of dividends every year. The last time Astec Lifesciences Ltd gave a dividend was on July 21, 2003. This time the company has not given dividends yet.

Astec Lifesciences Ltd Stock Performance

Current Price₹ 1,458
52-wk High₹ 1,490 
52-wk Low₹ 825
5 Days Return12.97%
1 Month Return25.27%

Key Fundamentals Parameters

Market Cap₹ 2,860 Cr.
Stock P/E
Book Value₹ 188
Dividend0.10 %
ROCE-4.48 %
ROE-11.9 %
Face Value₹ 10.0
P/B Value7.74
OPM-1.26 %
EPS₹ -23.9
Debt₹ 494 Cr.
Debt to Equity1.34

Astec Lifesciences Ltd Shareholding Pattern

Promoters Holding
Mar 202366.76%
June 202366.76%
Sept 202366.75%
Dec 202366.75%
Mar 202466.75%
FII Holding
Mar 20232.29%
Jun 20231.95%
Sep 20231.33%
Dec 20231.28%
Mar 20241.25%
DII Holding
Mar 202310.58%
Jun 202310.15%
Sep 202310.16%
Dec 20239.74%
Mar 20247.88%
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Public Holding
Mar 202320.37%
Jun 202321.13%
Sep 202321.74%
Dec 202322.22%
Mar 202424.12%

Astec Lifesciences Ltd Share: Last 5 Years’ Financial Condition

Last 5 Years’ Sales:

2020₹ 523 Cr
2021₹ 555 Cr
2022₹ 677 Cr
2023₹ 628 Cr
2024₹ 458 Cr

Last 5 Years’ Net Profit:

2020₹ 48 Cr
2021₹ 65 Cr
2022₹ 90 Cr
2023₹ 26 Cr
2024₹ -47 Cr

Conclusion

This article provides a detail guide about Astec Lifesciences Ltd share.

The information and forecasts provided result from the analysis of our research team, the company’s basics and history, experience, and various technical analyses. 

Also, we’ve talked in depth about the shares’ prospects and growth possibilities.

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If you have additional questions, feel free to leave a comment below. We’ll be more than happy to address all of your questions.

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