Aarti Industries Ltd. is a large-cap firm that works in the chemical sector with a market value of Rs 28,688.57 crores. Aarti Industries Limited is a well-known manufacturer of pharmaceuticals and specialised chemicals in India with a presence abroad (AIL). The company produces chemicals to produce pharmaceuticals, agrochemicals, polymers, additives, surfactants, pigments, and dyes. The company also manufactures xanthine derivatives, APIs, and intermediates for the pharmaceutical and food/beverage industries. The company controls and ships its goods worldwide, including in the US, various EU nations, and Japan.
Shares of Aarti Industries Ltd. are one example of how long-term investment in the stock market could help you become a crorepati since, over 23 years, the stock has increased from an initial investment of Rs. 1 lakh to Rs. 7.32 Cr.
The market price of Aarti Industries’ shares at the time this piece was written was 790.95, with an upside gap of 0.55 per cent. The stock price increased from $1.08 on January 1st, 1999, to the level it is at now, representing a multi-bagger return and an all-time high of 73,122.22 per cent.
This means that if you had invested Rs. 1 lakh in Aarti Industries shares 23 years ago, it would currently be worth around Rs. 7.32 crore.
Should You Purchase Aarti Industries Shares?
According to a report written by the research analysts of the brokerage firm Sharekhan, “Robust growth guidance of 2x/4x increases in earnings by FY2024E/FY2027E over FY2021 reaffirms confidence in terms of sustained long-term, high-growth potential for Aarti Industries. As a result, we anticipate a robust revenue, EBITDA, and PAT CAGR of 22 per cent, 25 per cent, and 26per cent over FY2022-FY2024E, driven by increased Capex intensity over the coming years.