Suratwwala Business (SBL) Shares Skyrocket Over 8000% in 4 Years: Is Now the Time to Invest?

<ul>
    <li>Suratwwala Business Group shares have rewarded investors with spectacular returns of over 8,000% since its debut in August 2020.</li>
    <li>The stock price has skyrocketed from its listing price of ₹16.2 per share to the current trading price of ₹124.3 per share.</li>
    <li>On Tuesday, the stock opened at ₹126.20 apiece on BSE, touched an intraday low of ₹123.20, and an intraday high of ₹127.95.</li>
</ul>
<p><strong>Discover how Suratwwala Business Group shares have soared over 8,000% since their debut, and what experts predict for the future.</strong></p>
<h2><strong>Suratwwala Business Group's Impressive Growth</strong></h2>
<p>Since its listing in August 2020, Suratwwala Business Group has delivered phenomenal returns to its investors. The stock's price has surged from ₹16.2 per share to ₹124.3 per share, marking an increase of over 8,000% in just under four years. This remarkable growth has caught the attention of many investors and analysts.</p>
<h3><strong>Expert Analysis and Future Projections</strong></h3>
<p>According to Dr. Ravi Singh, SVP - Retail Research at Religare Broking Ltd, Suratwwala Business Group is involved in developing and maintaining both residential and commercial real estate projects in Pune. He notes that the stock is currently in an uptrend, though some profit-taking may occur around the ₹118–₹120 levels. Dr. Singh suggests that investors could accumulate shares at these levels, with a potential upside target of ₹140.</p>
<h2><strong>Financial Performance and Market Position</strong></h2>
<p>Trendlyne data reveals that over the past year, Suratwwala Business Group's stock price has increased by 451.56%, significantly outperforming its sector by 320.74%. This impressive performance reflects the company's strong market position and effective strategic objectives.</p>
<h3><strong>Quarterly and Annual Financial Highlights</strong></h3>
<p>In the fourth quarter of FY24, the company's consolidated revenue from operations jumped by 97% year over year, demonstrating the effectiveness of its strategic initiatives. The profit after taxes for the quarter ending in March was ₹5.59 crore, compared to a loss of ₹1.02 crore in Q4FY23. For the full fiscal year 2024, consolidated revenue rose by nearly 16% year-on-year, and profit after taxes surged over 31%.</p>
<h3><strong>Corporate Actions and Shareholder Approvals</strong></h3>
<p>Recently, to comply with relevant regulations, Suratwwala Business Group's board approved a borrowing power ceiling of up to ₹250 crores, subject to members' approval. Additionally, the shareholders approved a sub-division of each equity share of the company from a face value of ₹10 each to 10 equity shares of ₹1 each. This move increased the total number of equity shares from 1,73,41,644 to 17,34,16,440.</p>
<h3><strong>Conclusion</strong></h3>
<p>Suratwwala Business Group has demonstrated exceptional growth and financial performance since its debut. With strong market positioning and strategic initiatives, the company continues to attract investor interest. While some profit-taking may occur, experts suggest that accumulating shares at lower levels could yield significant returns. Investors should stay informed and consider expert advice before making investment decisions.</p>