This stock turned investment of Rs 1 lakh into Rs 1.96 crore

TCPL Packaging Ltd, a multibagger penny stock, has delivered impressive returns over the past 16 years. The stock price surged from ₹21 to ₹4110, turning an investment of ₹1 lakh into ₹1.96 crore. This remarkable growth reflects the company’s strong performance and investor confidence.

On February 25, TCPL Packaging’s share price traded 9% higher at ₹4075 on the NSE, despite market volatility. The stock has shown significant growth, rising 86% in the past year and 27.32% in the last six months. Year-to-date, the share price has increased from ₹3222.85 to ₹4075, although it has lost over 23% of its value.

In Q3FY25, TCPL’s consolidated net profit more than doubled to ₹37.7 crore from ₹18.8 crore in Q3FY24. Total revenue increased by 32%, reaching ₹479.7 crore, while EBITDA rose 29% year-on-year to ₹70.60 crore. The company’s best-ever quarterly performance was driven by robust growth in key segments like paperboard and flexible packaging.

TCPL Packaging’s outstanding performance highlights its potential as a long-term investment, making it a standout stock in the market.