Share Price Only ₹10; More Than 4300% Massive Return; Rs 1 Lakh Become Rs 44 Lakh
Share of penny stock Comfort Intech has made investors rich. Shares of Comfort Intech have increased from 23 paise to Rs 10 in just 4 years.
The company’s shares have yielded more than the 4300% that investors have received in the past 4 years.
Shares of Comfort Intech closed at Rs 10.06 on Friday with a rise of about 1.47%. The 52-week high level of shares owned by the firm is 12.28.
At the same time, the 52-week lowest value of shares in Comfort Intech is 2.34.
Rs 1 Lakh Converted Into Rs 44 Lakh
Shares of Comfort Intech were at 23 paise on 3 April 2020. The company’s shares ended at 10.21 on the 14th of March 2024.
The company’s shares have increased by 4340% over the past four months.
If a person had put up Rs 1 1,000 into Comfort Intech shares on April 3, 2020, and kept his investment at the present value, the total value of the shares would be 44.39 lakh.
The promoters’ stake in the company is 57.46 percent. Whereas public shareholding is 42.54 percent.
Company’s Shares Rose By 277% In 1 Year
Comfort Intech shares have jumped 285.44% in the last year. The company’s shares was at Rs 2.71 on March 15, 2023.
Shares of Comfort Intech have reached Rs 10.21 on March 14, 2024. In the past 6 months, share prices of the business have risen around 71 percent.
In this time the stock prices of the firm have gone up from 5.98 and reached 10.21. In the last 3 years, Comfort Intech shares have seen a tremendous rise of 1338%.
What Does The Company Do?
Comfort Intech is engaged in the manufacturing, bottling, and distribution of liquor in Telangana.
According to the company’s website, the bottling contracts of Tilak Nagar Industries Limited,
Allied Blenders and Distillers Private Limited and Lions Gate Breweries Private Limited are held by the company.
Apart from the business of the liquor industry, the company also does the trading of goods. Also, the company does the trading of shares and investments.
About Comfort Intech Ltd
Comfort Intech Limited is an India-based company engaged in the trading of items,
including fabric, fans, water heaters, and monoblock pumps, on the marketplaces for online commerce and as the primary suppliers to market platforms.
The company’s business areas of operation include the trading of goods, manufacturing of spirits, trading shares/mutual funds as well as financing and leasing of immovable properties.
The Company also participates in the running of its business as manufacturers, distillers procurers, importers brokers, agents, exporters processors,
suppliers vendors, bottlers, dealers, distributors, stockiest godown keepers and freight and cost agents marketers, del-Creditor agents wholesalers,
merchandisers and retailers of all kinds of spirits, rectified or not, which includes India-made foreign and also country beverages, and other similar products.
Fundamental Analysis of Comfort Intech Ltd
Market Cap | ₹ 316 Cr. |
Current Price | ₹ 10.06 |
52-wk High | ₹ 12.3 |
52-wk Low | ₹2.34 |
Stock P/E | 24.1 |
Book Value | ₹ 4.16 |
Dividend | 0.62 % |
ROCE | 6.84 % |
ROE | 5.80 % |
Face Value | ₹ 1.00 |
P/B Value | 2.42 |
OPM | 7.39 % |
EPS | ₹ 0.41 |
Debt | ₹ 11.4 Cr. |
Debt to Equity | 0.09 |
Comfort Intech Ltd Share Price Target 2024 To 2030
Year | 1st Target | 2nd Target |
2024 | ₹11 | ₹14 |
2025 | ₹15 | ₹18 |
2026 | ₹21 | ₹29 |
2027 | ₹31 | ₹48 |
2028 | ₹51 | ₹69 |
2029 | ₹71 | ₹90 |
2030 | ₹91 | ₹120 |
Comfort Intech Ltd Shareholding Pattern
Promoters Holding | |
Dec 2022 | 57.46% |
Mar 2023 | 57.46% |
June 2023 | 57.46% |
Sept 2023 | 57.46% |
Dec 2023 | 57.46% |
FII Holding | |
Dec 2022 | 1.49% |
Mar 2023 | 1.49% |
June 2023 | 0.48% |
Sept 2023 | 0.00% |
Dec 2023 | 0.00% |
Public Holding | |
Dec 2022 | 41.04% |
Mar 2023 | 41.05% |
June 2023 | 42.05% |
Sept 2023 | 42.53% |
Dec 2023 | 42.54% |
Comfort Intech Ltd Share: Last 5 Years’ Financial Condition
To gain a better understanding of how the market is performing, let’s look at the outlook of this share in the previous years.
However, investors should be aware of the risks and the market conditions before making any investment decision.
Last 5 Years’ Sales:
2019 | ₹53 Cr |
2020 | ₹59 Cr |
2021 | ₹85 Cr |
2022 | ₹111 Cr |
2023 | ₹127 Cr |
Last 5 Years’ Net Profit:
2019 | ₹0 Cr |
2020 | ₹-2 Cr |
2021 | ₹10 Cr |
2022 | ₹8 Cr |
2023 | ₹13 Cr |
Last 5 Years’ Debt-To-Equity Ratio:
2019 | 0.04 |
2020 | 0.03 |
2021 | 0.1 |
2022 | 0.03 |
2023 | 0.07 |
Last 10 Years’ Profit Growth:
10 Years: | 10% |
5 Years: | 13% |
3 Years: | 72% |
Current Year: | 64% |
Last 10 years’ Return on Equity (ROE):
10 Years: | – |
5 Years: | 4% |
3 Years: | 7% |
Last Year: | 6% |
Sales Growth Over 10 Years:
10 Years: | 25% |
5 Years: | 45% |
3 Years: | 34% |
Current Year: | -2% |
Conclusion
This article is a complete guide about Comfort Intech Ltd Share.
These information and forecasts are based on our analysis, research, company fundamentals and history, experiences, and various technical analyses.
Also, We have talked in detail about the share’s future prospects and growth potential.
Hopefully, these informations will help you in your further investment.
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