The stock of electric equipment company Marsons Limited has given multibagger returns to investors this year . This stock, which was at the level of ₹ 7 in December 2023, has increased by about 602 percent in 2024. Currently, the value of this stock has increased by 2 percent to Rs 54.38 . This is also the 52- week high of the stock . In the last one year , this stock has increased by more than 831 percent . In July 2023, the price of the stock was Rs 4.95, which is the 52- week low .
Marsons Limited: Positive returns for the 5th consecutive month
The stock of Marsons Limited has given positive returns in all 5 months so far this year . It jumped about 37 percent in April, 39 percent in March, 45 percent in February and in January 2024 the stock gave a return of 135.5 percent . The month of May is currently going on and so far this month, it has increased by more than 8 percent in May .
The stock of Marsons Limited has performed very well even in the long term . This stock has given investors a return of more than 447 percent in 3 years . At the same time, the stock has given a return of more than 543 percent in the last 5 years .
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Let us tell you that the shares of Marsons Limited are currently trading as per Stage 2 of the Advanced Monitoring Method (ESM) . ESM is a regulatory method of the National Stock Exchange (NSE) in India . Its purpose is to ensure the protection of investors and confidence in the market .
Marsons Limited: About the Company
Marsons Limited is engaged in the manufacturing, supply, commissioning of power and distribution transformers in India . It provides distribution and power transformers ranging from 10 kVA to 160 MVA, 220 kV . Marsons Limited was founded in 1976 and is based in Kolkata, India . Marsons’ profit fell 74.58 percent to Rs 0.15 crore in the December quarter . Sales also fell 64.5 percent year-on-year to Rs 0.65 crore .
