Starlineps Enterprises Limited’s shares surged 19.97 percent on Monday’s early trades to reach a fresh all-time high of ₹ 124.65 apiece on the Bombay Stock Exchange (BSE). The wholesale B2B company is engaged in the business of precious stones and jewellery.
The company’s shares were trading at ₹ 122.35 apiece at 12:18 PM on Monday. Starlineps Enterprises Limited has given multibagger returns of 203.98 percent in a one-year time frame. Its share price increased from ₹ 40.25 apiece to the current level. If an investor would have invested ₹ 1 lakh in the company’s shares a year ago, the value of their holdings would have been ₹ 3.03 lakhs today!
Similarly, the shares have given multibagger returns of 1327.66 percent in a five-year period, as their share price surged from ₹ 8.57 apiece to ₹ 122.35. If an investor would have invested ₹ 1 lakh in the shares of the company five years ago, the value of their holdings would have been a whopping ₹ 14.27 lakhs today!
Financials
Starlineps Enterprises Limited is a small cap company with a market capitalization of ₹ 410 crores. It launched its IPO in the year 2017. The company’s sales show an increasing trend for the last five years, however, its profits show a decreasing trend. The company is almost debt free with a debt-to-equity ratio of 0.00.
On the flip side, its promoters hold a 55.86 percent stake in it, however, 83.23 percent of their stake is pledged. It has a low return on equity of 1.28 percent, a low return on capital employed of 1.67 percent, and a low net profit margin of 1.89 percent. Moreover, it has a high price to book value of 22.00.
Written by Simran Bafna
Disclaimer
The content in this news article is not investment advice. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
To stay updated with the Latest Stock Market news, download our app here !
For editorial purposes, contact news@tradebrains.in
Start Your Financial Learning Journey
Want to learn Stock Market and other Financial Products? Make sure to check out, FinGrad, the learning initiative by Trade Brains. Click here to Register today to Start your 3-Day FREE Trail . And do not miss out on the Introductory Offer!!
