The ups and downs in the Indian stock market continue. Amidst this turmoil, some stocks have given bumper returns to their investors. One of the stocks of Cenlub Industries Limited (Cenlub Industries stock price). Shares of Senlab Industries Ltd. have gained 867.12% in last three years. This microcap stock which closed at Rs 25.85 on Apr 9, 2020 has touched an intraday high of Rs 255.95 on BSE today. An amount of Rs 1 lakh invested in the shares of Senlab Industries three years ago would have turned into Rs 9.90 lakh today. In comparison, the Sensex has gained 93.24 per cent during this period.
However, the stock of Senlab Industries has declined since last three sessions. The stock was trading today at Rs 252.75, up 0.58% as against the previous close of Rs 251.30, before which the stock had touched a high of Rs 255.95 on BSE. The Relative Strength Index (RSI) of the stock stands at 74.1, which indicates that it is trading in the overbought zone.
the stock has gained 114.29% in one year and has increased by 87.15% since the beginning of this year. The market cap of the firm rose to Rs 117.85 crore on BSE. In the last 20 years, the shares of this company have gained more than 16,000 percent. Shares of Cenlab Industries were listed on BSE on May 21 2003. The price of its one share was Rs 1.55. Today these shares have crossed the Rs 250 mark. In the last 20 years, the stock price of this company has increased by 16,467 percent. The stock of Cenlab Industries has a beta of 0.8, which shows very low one year volatility. Shares of Senlab Industries are trading above 5 day, 20 day, 50 day, 100 day and 200 day moving averages.
For the quarter ending December 2022, eight promoters held 51.48 per cent stake in the firm and 4731 public shareholders held 48.52 per cent. Of these, 4541 public shareholders held 14.59 lakh shares or 31.30% with a capital of up to Rs 2 lakh. Only seven shareholders with 6.57% stake had capital of more than Rs 2 lakh for the quarter ending December 2022.