Who does not like to earn money. That too when your money multiplies without any effort. Shore market is such a place where when your money increases manifold nothing can go anywhere. However, there is also a risk factor involved in this. Be it FD, any post office scheme or any other investment. Hardly anywhere your 1 lakh rupees becomes more than 3 lakh rupees only in a year.. There is one such stock in the share market also which has shown this feat. Let's know which is this company and how it gave such strong returns
The name of the company that gives this magical return is Knowledge Marine and Engineering Works Limited. The share of this company was close to Rs 513 a year ago, which has now reached Rs 1585. In such a situation, if anyone has invested Rs 1 lakh in it. His 1 lakh rupees became more than 3 lakhs. That too during only 1 year.
Bumper boom is being seen even today
Talk about Tuesday's business, the share of Knowledge Marine and Engineering Works Limited is trading at Rs 1596.80 with a gain of 9.80 per cent till the time of writing the news. At the same time, during the last one month, this company has given a strong return of 50 percent to the investors. See the average figure of 6 months, this company has given a return of 56 percent. 6 months ago i.e. on February 22, the share of this company was close to Rs 1027, which is now above Rs 1596.
The company has got a strong order
Knowledge Marine & Engineering Works Limited has recently received a work order from Myanmar Port Authority. This order has been given to this company to do dredging and maintenance in Yangon river. On the other hand, under the second order, it has to be completed in six months from October 1. This order of the company is about $ 2,199,990. In such a situation, the trust of the investors in this company is also intact. The proof of which is the rapid growth of the stock of this company.
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