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Monte Carlo Fashions' Share Price Hikes 131% In 1 Year

The company's net revenue grew 170.67 per cent year-on-year to Rs 112.8 crore in the first quarter of the current fiscal

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Monte Carlo Fashions is a S&P BSE smallcap company whose stock has given multibagger returns in one year. During this period the share price of the company has increased from Rs 360.45 as on 7 September 2021 to Rs 835.15 as on 7 September 2022, a growth of 131 per cent in the one year holding period. An investment of Rs 1 lakh in the shares of this company would have become Rs 2.31 lakh on Thursday.

In comparison, the S&P BSE smallcap index has gained just 6.53 per cent. In the last one year, the index jumped from the level of 27,501.28 on 7 September 2021 to 29,298.67 on 7 September 2022.

The company's net revenue grew 170.67 per cent year-on-year to Rs 112.8 crore in the first quarter of the current fiscal. On the other hand, the company reported a net loss of Rs 3.92 crore as against a net loss of Rs 10.18 crore in the corresponding quarter of the previous year.

The company is currently trading at a TTM PE of 14.38x against the Industry PE of 21.77x. In FY 2022, the company delivered an ROE of 16.59 per cent and an ROCE of 24.19 per cent.

On Thursday morning, Monte Carlo Fashions stock was trading at Rs 845.15 with a rise of 1.20 per cent from previous day's closing price of Rs 835.15 on BSE. The stock has a 52-week high of Rs 887.70 and a 52-week low of Rs 322 on the BSE.


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Monte Carlo Fashions Ltd