New Delhi, May 23 -- RMC Switchgears, which is engaged in switchgear engineering and ECI contracts for the power distribution and transmission sector, has seen its share price rise rapidly in recent years, significantly multiplying shareholders' wealth.
Despite a sharp pullback in recent months-amid market volatility and profit booking-RMC Switchgears' stock is still trading with a massive 3,211% gain over the last three years and a phenomenal 5,900% gain over the past five years, making it one of the biggest wealth creators in the Indian stock market.
During this period, the stock has zoomed from Rs.13 to its current trading price of Rs.775 apiece, turning a Rs.1 lakh investment into Rs.60 lakh
After remaining on the sidelines between...
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