Leaders Online Desk: For the past few days, a stock has rocketed in the stock market. It is the shares of whiskey maker Piccadily Agro Industries Limited. These stocks have done well by giving investors sky-high returns. Shares of Piccadilly Agro have gained 21 percent in the last five days. Today, the stock rose 5 percent to Rs 605. These shares have returned 1,180 percent in a year.
Piccadilly Agro manufactures single malt whiskey under the brand name Indri Whisky. The headquarters of this company is in Haryana. This whiskey has won the award of best whiskey in the world. This whiskey has won 14 awards over the years. Indri Whiskey won the 'Best in Show, Double Gold' title at the 2023 Whiskey of the World Awards last year. This has increased the popularity of this whiskey. In this background, the shares of Piccadilly Agro Company are booming. In the last few trading sessions, these shares have had a consecutive upper circuit of 5 percent.
If you look at the chart a year ago, Piccadilly Agro's stock has returned 1,180 percent to investors. In May 2023, the price of this share was at the level of Rs.46. In one year this share has increased by around Rs.559.
Piccadily Agro Industries posted revenues of Rs 829 crore in the financial year ended March 2024. The company has reported a 30 percent growth in revenue. The net profit for the whole year is Rs.112.13 crores. Which is about 3.4 times compared to the profit of 24 crores a year ago. (Indri Whiskey)
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