Fuelling Profits: How Chennai Petroleum Yielded 154% Returns In 6 Months

Published by Trinkerr Academy on

A Petroleum Multibagger That Gave Stellar Returns Of 154% In The Last 6 Months 🚨

⛽ Stock Name: Chennai Petroleum Corporation Limited

🛢️ Meet Chennai Petroleum Corporation Ltd., a subsidiary of the Indian Oil Corporation (IOC) owned by the Ministry of Petroleum and Natural Gas. Despite market volatility, the stock has provided impressive returns of over 154% in the last six months. Here are some quick facts about the stock:

◾ Net profits have grown by 477% for FY ’22.

◾ Gave 241% returns in the last 2 years.

◾ Is available at a discount of 35% from its 52-week high.

◾ Strong financials and exceptional growth in revenue & earnings over the years make it a high-growth stock.

◾ Dolly Khanna, a seasoned investor, took fresh holdings in the company during the April-June period. She now holds 3.27% of the company.


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