A general view of the Bombay Stock Exchange (BSE), after Sensex surpassed the 50,000 level for the first time, in Mumbai, India, January 21, 2021. REUTERS/Francis Mascarenhas (REUTERS)
For the January-March quarter (Q4FY22), the company reported a 31% year-on-year (YoY) increase in consolidated profit after tax (PAT) of 21.69 crore compared to 16.54 crore in Q4FY21.
Shares of Vadilal Industries have doubled investors' wealth in the last one year, surging from ₹1,026 to ₹2,112.20 levels.The stock has seen a one-way rally so far in 2022. During the last six months, it has risen from ₹880 on January 25, 2021, to its current level of ₹2,111.30, representing a multi-bagger return of 140.88 per cent at a time when the Sensex has fallen by nearly 4.12%.
Further, in the last 3-year period, the stock has surged from ₹493 to ₹2,112.20 a piece, logging nearly 328.39 per cent. The stock hit a 52-week high of ₹2,247 on July 18, 2022, and a low of ₹823.8 on January 25, 2022, implying that it is currently trading 156.64 per cent higher than its 52-week low.
Vadilal Industries is a century-old company founded in 1907. It is a small-cap FMCG stock engaged in the packaged food industry with a market capitalisation of over ₹1,518.5 crore.
The company is engaged in the business of manufacturing ice cream, flavoured milk, frozen desserts, processed foods, and other dairy products. It is also enga+ged in the export of ice cream, dairy products, processed food products such as frozen fruits, vegetables, pulp, ready-to-eat and ready-to-serve products etc.
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