There are some shares in the stock market that can make their investors rich in just a few days. Such shares are rare in the stock market, but when they appear, they achieve remarkable success. Today, through this article, I am going to discuss one such share with all of you, which provided its investors with more than 2.5 times returns in just 5 days.
1.5x Gains Calculation
Let me explain it with an example. If an investor had invested ₹100,000 in this share five days ago, they would have made around ₹250,000 today. I can understand that you might be getting curious to know the name of this share, but before moving forward, I kindly request all of you, if you are visiting our website for the first time and want to receive continuous updates related to the stock market, you can join our WhatsApp community where we regularly provide updates and insights related to the stock market.
1.5x Gains Stock Name
The company we are discussing is E2E Networks Ltd. This company has a market capitalization of approximately ₹359 crore.
As of now, its share is trading around ₹248. E2E Networks does not provide any dividends to its investors. The company has a debt of around ₹5.89 crore, which is quite manageable.
E2E Networks Ltd Company Fundamentals
We can consider this company as a debt-free company. It has shown a profit growth of more than 1%, and its return on equity is around 22%. The company’s post-tax profit is around ₹100,000,000, and its return on equity is more than 22%. The face value of the company’s shares is ₹10.
E2E Networks Ltd Shareholding Pattern
Regarding the shareholding pattern of this company, the promoters hold around 60%, which is a positive sign. E2E Networks operates in the IT sector and provides cloud computing services. Considering the boom in the IT sector, there could be significant growth potential for this company in the future. It has also established its dominance in the computer infrastructure and court technology stack sectors. The company also offers services related to computer operating systems.
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