Healthcare Sector Company Can be MultiBegger Returns?

Healthcare has become one of India’s largest sectors. There is one stock in Healthcare Sector Company Can be MultiBegger Returns. In both terms of revenue and employment. As the Indian economy is growing very fast. Healthcare comprises hospitals, medical devices, clinical trials, outsourcing, telemedicine, medical tourism, health insurance, and medical equipment. The Indian healthcare sector is growing at a brisk pace due to its strengthening coverage, services, and increasing expenditure by public as well as private players

The Indian healthcare sector is experiencing phenomenal growth, fueled by rising healthcare awareness, an expanding middle class, and government initiatives. This growth presents exciting opportunities for investors seeking multi-bagger returns – stocks that experience exponential growth currently trading at the Support level.

KPR Mills Share Price Target 2025| Given Target Achieved

Healthcare Sector Company Can be MultiBegger Returns?

Yes, stock can be multibegger returns. In Jan 2018 Stock price was Rs 1321.15 and now the stock trading at Rs 4763.

Stock Past Returns
Years	Jan	Dec.	Change Price	Change %
2015	805.95	776.6	-29.35	-3.78
2016	778.3	999.3	221	22.12
2017	981.35	1289.75	308.4	23.91
2018	1321.15	3078.7	1757.55	57.09
2019	3156.65	4366.7	1210.05	27.71
2020	4408.35	6817.5	2409.15	35.34
2021	6980.8	5338.4	-1642.4	-30.77
2022	5251.5	3953	-1298.5	-32.85
2023	4001.75	4947.75	946	19.12

Procter & Gamble Health Ltd Stock Technical Analysis

As you see in the chart sock is trading near to support. Already 3 times stock type support on this box. RSI value also shows that the stock is at good support. Stock is already Corrected by 16.5% from its recent high. In the past three days stock delivery has been very high. on Mar 26 stock delivery was 93.3%, Mar 27 84.9%, and on 28 March 91.6% which was very high. It simply means that investors are bullish on this stock.

Procter & Gamble Health Ltd MultiBegger Returns Sales Growth

Procter & Gamble Health Ltd Promoters Holding

Years	Mar 2022	Mar 2023	Dec 2023
Promoters +	51.82%	51.82%	51.82%
FIIs +	6.57%	6.72%	7.60%
DIIs +	7.91%	12.31%	12.66%
Public +	33.71%	29.14%	27.92%
No. of Shareholders	66,289	61,030	56,730

Procter & Gamble Health Ltd Operating Profit Vs Net Profit

P&G MultiBegger Returns Stock Support and Resistance

This chart is on the monthly time frame. Plotted Support and resistance Support 1 shows recent support and Support 2 if support one is broken.

1 Jun 2020 stock is trading near Rs 4071 at support 2 after that stock gives 88.8% move upside.

Is P&G a Good Stock to Buy Now

Yes, It’s a Good time to buy now because of stock at his support level and sustain this level with high delivery.

Procter and Gamble Share Price Dividend History

The Company Stock Dividend History is as follows.

Announcement Date	Ex-Date	Dividend Type	Dividend (%)	Dividend (Rs)
20-01-2024	09-02-2024	Interim	1000	100
31-01-2024	09-02-2024	Special	600	60
28-08-2023	17-11-2023	Final	1050	105
10-01-2023	08-02-2023	Interim	800	80
23-08-2022	04-11-2022	Final	650	65
27-01-2022	08-02-2022	Interim	950	95
25-08-2021	09-11-2021	Final	800	80
26-04-2021	11-05-2021	Interim	0	0
26-04-2021	11-05-2021	Special	1500	150
28-01-2021	10-02-2021	Interim	850	85
26-08-2020	13-11-2020	Final	1050	105
21-08-2019	19-11-2019	Final	480	48
07-02-2019	15-02-2019	Interim	400	40
23-08-2018	20-11-2018	Final	400	40
30-08-2017	07-11-2017	Final	270	27
08-05-2017	17-05-2017	Special	3620	362
26-08-2016	24-11-2016	Final	360	36
28-08-2015	19-10-2015	Final	302.5	30.25
13-08-2014	08-09-2014	Final	275	27.5
14-08-2013	21-11-2013	Final	250	25
24-08-2012	20-11-2012	Final	225	22.5
25-08-2011	04-11-2011	Final	225	22.5
19-08-2010	23-09-2010	Final	225	22.5
28-08-2009	29-09-2009	Final	225	22.5
26-08-2008	25-09-2008	Final	200	20
27-08-2007	27-09-2007	Final	200	20
17-08-2006	21-09-2006	Final	250	25
05-09-2005	10-11-2005	Final	400	40
13-08-2004	29-09-2004	Final	200	20
09-09-2003	25-09-2003	Final	200	20
05-08-2002	11-09-2002	Final	0	0
28-08-2001	04-09-2001	Final	375	0
10-05-2000	12-05-2000	Final	75	0

P&G Share Price Target By Motilal Oswal?

According to Motilal Oswal’s research currently They are bullish on stock. They suggest HOLD Stock. Not only Motilal Oswal another broker firm also suggests the same for HOLD.

Conclusion

Operational efficiency is good for the company. Healthcare organizations usually have high debt loads and low equity capital in their balance sheet. So, the Debt to Equity ratio is important to analyze the company’s sustainability. Procter&Gamble Health has a debt-to-equity ratio of 0, which is a strong indication for the company.

This article is for Educational purpose .Do not invest on behalf of information provided in the article. Please consult an expert before making decisions We are not SEBI registered advisor .  

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