Multibagger Penny Stock KDDL Limited: How ₹1 Lakh Turned into ₹1.83 Crore in 16 Years. Investors in the stock market are always on the lookout for high-growth opportunities, especially in penny stocks that have the potential to become multibaggers. One such exceptional performer is KDDL Limited, which has turned a modest investment of ₹1 lakh into ₹1.83 crore in just 16 years. This article delves into the journey of KDDL Limited share price growth, its market movement, financial performance, and future prospects.
Table of Contents
KDDL Limited: An Overview
KDDL Limited is an Indian manufacturer specializing in watch components, precision-stamped parts, and engineering tools. Additionally, its subsidiary, Ethos, operates India’s largest luxury watch retail network.
Why KDDL Limited Attracted Investors?
- High growth potential in the luxury watch retail and precision engineering industry.
- Consistent financial performance with rising net profits and revenue.
- Share buyback initiatives, indicating confidence from the company in its own valuation.
KDDL Limited Share Price History & Growth
How KDDL Became a Multibagger Penny Stock
KDDL Limited’s stock price has shown phenomenal growth, surging from ₹16.50 per share to ₹2,883 per share in the last 16 years. This marks an extraordinary return of 17,373% (175x growth).
Investment Growth Example
If an investor had put ₹1 lakh in KDDL Limited stock sixteen years ago and held it, the investment would have turned into ₹1.83 crore at today’s price levels.
KDDL Limited Share Price Movement Analysis
Recent Stock Performance
- February 25, 2025: The stock was down by 8%, closing at ₹2,883 per share on the Bombay Stock Exchange (BSE).
- Five-Year Growth: Over the past five years, KDDL Limited’s share price has surged by 1,016.10%.
- Year-To-Date (YTD) Performance: KDDL’s share price has declined 7% from ₹3,098.25 to ₹2,883 per share.
- Short-Term Performance: Despite recent fluctuations, the stock has rallied 25.18% in a month and 30.46% in the last five trading sessions.
KDDL Limited Financial Performance & Key Highlights
Buyback Announcement & Market Sentiment
In July 2024, KDDL Limited announced a share buyback plan of 2.37 lakh equity shares at a fixed price of ₹3,700 per share, which is 28% higher than the current stock price. This move reflects the company’s strong financial health and commitment to increasing shareholder value.
Financial Results (FY24)
- Q3 FY24:
- Net Profit: ₹468 million, up 26.6% YoY.
- Net Sales: ₹4,720 million, marking a 26.8% increase from the previous year.
- Full-Year (FY24):
- Net Profit: ₹1,375 million, a 78.6% increase from FY23.
- Revenue: ₹13,910 million, up 24.3% YoY.
Should You Invest in KDDL Limited?
Reasons to Consider Investing:
- Strong revenue growth and rising profitability.
- Dominant market position in luxury watch retail and engineering components.
- Consistent long-term returns despite short-term volatility.
- Stock buyback plans, indicating confidence in future growth.
Risks to Consider:
- Market volatility: Recent price fluctuations highlight potential short-term risks.
- Industry competition: Watch retail and precision engineering sectors face competitive pressures.
- Economic slowdown: Any downturn in consumer spending may affect the company’s performance.
Conclusion
KDDL Limited has proven to be a multibagger penny stock, offering exceptional returns to long-term investors. While the stock has witnessed some short-term fluctuations, its strong fundamentals, financial performance, and expansion strategies make it an attractive choice for investors seeking high-growth opportunities.
Disclaimer
Here we provide details based on news platform announcements, any investment you make please consult your financial advisor before investing.
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