Franklin Industries’ Penny Stock wins again, Upper Circuit at less than Rs 3, Low PE Stock becomes Multibagger

New Delhi: Shares of Franklin Industries Limited hit an upper circuit of 5% on Thursday. This micro-smallcap company continues to perform well in the stock market, especially in the last one year, when it gave multibagger returns to its investors. This share of Franklin Industries is trading at a price of less than Rs 3, but is still attracting investors.

Market situation and performance of Franklin Industries The Indian stock market witnessed a good rally on Thursday. Benchmark indices Nifty and Sensex were both trading with a gain of 1%. Franklin Industries stock hit an upper circuit at Rs 2.83. The company’s performance is attracting investors’ attention, especially because the stock is trading 45% below its 52-week high (Rs 4.13).

52- week high and low Highest level: Rs 4.13. Lowest level: Rs 1.28. However, despite this decline, Franklin Industries has given a multibagger return of 120% to its investors on a yearly basis.

Multibagger despite being a Penny Stock Franklin Industries Limited is a Penny Stock which is trading at a price of less than Rs 3. Investing in such stocks is risky as the level of volatility in them is very high. But Franklin Industries has proved through its performance that even Penny Stocks have hidden possibilities.

Last 5 Year Performance Growth in 1 month: 35%. Growth in 6 months: 9%. Return in 1 year: 120%. Return in 5 years: 700%. Franklin Industries shares have given a return of more than 700% in the last 5 years. This figure shows how fast this stock has grown.

Cheap Stock with Low PE Ratio Franklin Industries has a Price-to-Earnings Ratio (P/E Ratio) of 1.50. It is a low PE stock, meaning it can be considered cheap compared to its earnings. Investors see the possibility of higher profits at a lower price in stocks with a low PE ratio.

What is PE Ratio? The PE ratio is a way to measure the valuation of a stock. It shows how much investors are paying for one rupee of earnings. Franklin Industries’ low PE ratio makes it attractive to investors.

Company’s Market Cap and Investor Activity Franklin Industries has a market capital of Rs 81.84 crore, making it a micro-cap company. In recent days, there has been an increase in buying activity in Franklin Industries shares. This is an indication that investors are seeing future potential in this stock.

Is it right to invest in Franklin Industries? Franklin Industries Limited has given great returns to its investors. But investing in Penny Stocks is always risky. Even though Franklin Industries has given multibagger returns, it is also important that investors understand its potential risks.

Risks of Penny Stocks:

High volatility: Such stocks rise and fall rapidly.

Low liquidity: These stocks may be difficult to sell.

Uncertain future: There is a risk of change in the business model of small companies.

What is the future of Franklin Industries? Buying activity is increasing in Franklin Industries. Investors expect this stock to perform better in the coming days. However, it remains to be seen whether the company will be able to maintain its profitability and growth.

Why is Franklin Industries gaining popularity?Multibagger Returns: 120% in last 1 year and 700% in last 5 years.

Low PE Ratio: PE ratio of 1.50 makes it attractive.

Micro-Cap Segment: Smaller stocks have higher chances of growth.

Tips for investors If you want to invest in penny stocks like Franklin Industries, keep these things in mind:

Assess the risk: Understand the volatility and risk of penny stocks before investing in them.

Take a long-term view: It may be difficult to make quick profits in small stocks.

Maintain diversity: Keep your portfolio diversified to reduce risk.

conclusion: Franklin Industries Limited has proved through its performance that even penny stocks can become multi baggers if invested at the right time. Although investing in it is risky, it can be an opportunity for those investors who are willing to take high risks.If you are considering investing in this stock, analyze the market conditions and the company’s financials thoroughly. Stocks like Franklin Industries have potential, but it demands wise investment.

Disclaimer: The information provided in this article is for educational and informational purposes only. It is not intended to be any kind of investment advice. Investing in the stock market can be risky and carries a risk of capital loss. Before investing in Franklin Industries or any other stock, please consult your financial advisor. The author or publisher will not be responsible for any losses that may result from decisions taken based on the information provided in this article. Always invest in the stock market after careful consideration and by assessing the risk.