Multibagger: This stock has increased 11 times in 5 years, now further growth is expected

News Topical, Digital Desk : The stock market has seen a decline from the upper levels today due to weak global signals. However, experts are expressing confidence in the long-term outlook of the country and believe that investments made in the long term can give high returns. Even before this, there are many stocks where investors have got many times returns, some of these stocks still have hope of growth. One such stock is Welspun Corp. The stock has grown 11 times in the last 5 years. Even after this growth, many experts are predicting further growth in the stock.

How much return has it given?

In Tuesday's trading, the stock closed at 906 with a gain of more than 2 percent. During trading, the stock had reached the level of 909. The stock has given a return of about 73 percent in the last one year. At the same time, the stock has given a return of 992 percent in 5 years. The stock reached the highest level of the year at 994 on June 10 itself. In June last year, the stock was at the lowest level of the year at 505. According to Bloomberg data, 6 analysts are covering the stock and all have issued a buy advice in the stock. The average of the targets given by these analysts for the next one year is at the level of 1005. That is, double digit growth is still possible in the stock. Signs have improved for the company. From May till now, the company has informed about getting many orders. How was the performance of the company? During the March quarter, the total income of the company was above Rs 14 thousand crore. At the same time, there has been a 72 percent increase in profit. The management has given a strong outlook for the financial year 2026. The management expects 26 percent growth in revenue. EBITDA is also expected to grow by 18 percent.

Read More: As soon as it entered the market, the stock made a big jump on the very first day; the price rose from Rs 47 to Rs 60 within minutes