With the tremendous rise in the stock market on Friday, the shares of many companies have also soared. At the same time, many shares in some sectors are performing well. Among these, the shares of many companies related to the semiconductor sector are giving good returns to investors. The reason for this is that the government is making a lot of efforts to make chips in the country itself. The government has come up with many schemes to increase the semiconductor sector. In such a situation, more growth can be seen in this sector in the coming time.

Shares of semiconductor manufacturing company RIR Power Electronics Ltd. have created a storm these days. This week, the stock has hit an upper circuit of 5% on all five trading days (Monday to Friday). Currently, the price of its share is Rs 4013.70. On Friday, it rose 5% to Rs 191. This stock has been witnessing an upward trend for quite some time now.

Gave tremendous returns in one month

This stock is giving tremendous returns to investors. This week it has given 25 percent return. In one month also it has given great profit to the investors. Its return in one month was around 78 percent. In one month it has increased by Rs 1755. If you had invested one lakh rupees in it a month ago, you would have got a profit of 78 thousand rupees. That is, in one month your investment of one lakh would have increased to Rs 1.78 lakh.

Made 5 lakhs from one lakh

This stock has given tremendous returns to investors in 6 months. In these 6 months, the return of this stock was more than 400 percent. 6 months ago, the price of its share was Rs 798.60. In these 6 months, its price increased by about Rs 3215. If you had invested Rs 1 lakh in it 6 months ago, then today the value of this Rs 1 lakh would have been Rs 5 lakh. That is, you would have made a profit of Rs 4 lakh.

 

Superhit returns in 5 years

This stock has given huge returns to investors in 5 years. This return was 8654 percent. 5 years ago the price of its shares was around 46 rupees. If you had bought shares of this company worth one lakh rupees 5 years ago, then today their value would have been 87.54 lakh rupees. That means you would have made a profit of 86.54 lakh rupees.

 

How is the financial condition of the company?

The market cap of the company is around Rs 3 thousand crores. The company's headquarters is in Mumbai. The company is known for innovation in the power electronics industry. The company is also involved in the business of many types of semiconductor devices, semiconductor modules etc. In the financial year 2023-24, the turnover of the company was around Rs 6.7 crore. This is more than the previous financial year. At the same time, the net profit of the company was around Rs 8 crore. This is 19 percent more than the previous financial year.