PG Electroplast Share Return: There are many such stocks in the stock market that have given huge returns to the investors in a short time. One such stock is of PG Electroplast Limited. It is witnessing a continuous rise. The shares of PG Electroplast Limited have increased by 17400 percent in the last 5 years. However, the company's shares have remained flat in the last one month.

If we look at the history of this stock, then in the last 6 months, the stock has given a great return of 222 percent. So far this year, the company's shares have risen by 158 percent. In the last one year, it has given a profit of 208 percent.

The company's board approved the QIP issue.
Now the company is going to bring Qualified Institutional Placement (QIP). The company's board of directors has approved the proposal to raise Rs 1500 crore through the QIP issue. The board took this decision on Saturday (October 19).

What does the company do?
Let us tell you that PG Electroplast Limited is the flagship unit of the PG Group. The company assembles television sets and components, air conditioner sub-assemblies, DVD players, and compact fluorescent lamps. It holds a prominent position in India's electronics manufacturing service sector.

Profit increased by 147.56 percent in the June 2024 quarter
The company's consolidated net profit has increased by 147.56 percent in the June 2024 quarter. The company has earned a profit of Rs 83.70 crore during this period. This figure was Rs 33.81 crore in the previous quarter ended June 2023.