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Monday, May 6, 2024

Adani Transmission, Saregama India and five other stocks that have gained at least 500% in the last one year

Sportking India

The small cap textile manufacturer has delivered strong quarterly performances in the last one year. It manufactures garments for Jockey, Zara, H&M, Marks & Spencer. As casual wear became a go-to option for many people in the lockdown, textile manufacturers benefited from it.

The net profit of the company jumped significantly to ₹79 crore in June quarter as compared to ₹36 lakh in the corresponding quarter last year.

Sportking India exports to 30 countries including Morocco, Egypt, Kenya, Brazil, US, Japan, Dubai. Also, it owns manufacturing facilities in Punjab and Himachal Pradesh and has over 100 retail garment stores across states.

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