If the right stock is chosen in the stock market, it is possible to become a millionaire in a few years. Many Penny Stocks have given multibagger returns, and Newland laborators are one such excellent example.
The stock has given a return of around 18,000% in the last 13 years, making early investors with tremendous profits.
How was the performance of Newland laboratories?
Currently, Newland Laboratories shares on the National Stock Exchange (NSE) are trading around ₹ 11,000.
- 13 years ago (2011) The share was priced at ₹ 61.
- Today it increased to ₹ 11,000, ie a return of 17,757%.
- If someone had invested ₹ 1 lakh 13 years ago, today he would have become ₹ 1.87 crore!
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Stock performance in the last few times
However, this stock has recently seen fluctuations.
- On 27 February 2025, the stock was trading 6% to ₹ 10,915.
- The last 6 months fell by 11%.
- 19.13% decline in the last 1 month.
- Since the beginning of 2025, this stock fell from ₹ 14,294 to ₹ 10,915, ie 23.64% decline.
Company quarterly results
In the quarter ended on 31 December 2024, Newland Laboratories profit came to ₹ 57.24 crore.
- The company’s income per share (EPS) was ₹ 78.75, the highest among the last 5 quarters.
- However, the company’s total profit declined to ₹ 68.07 crore.
- Newland Laboratories works in the pharma sector and produces and sells wholesale medicines (API).
Shareholding pattern: Who has a stake?
- Promoters have 32.68% stake.
- Public shareholders have 67.32% stake.
