Yuvraaj Hygiene Products has been a notable name in the penny stock category, especially since the beginning of 2024. The stock has delivered significant returns to long-term investors and continues to remain in the spotlight.
This year, it has consistently hit the upper circuit in all seven trading sessions, showing a 25% increase during this period. On Thursday, the stock reached an intraday high of ₹5.70 after a 2% upper circuit.
Impressive Long-Term Returns
The stock’s journey has been remarkable. In December 2020, it traded at just 72 paise per share. At its current price, the stock has delivered a staggering 700% return. Even in the short term, it has shown robust performance:
A 285% gain in the last year.
A rise of 207% from its 52-week low of ₹1.40 on January 1, 2024.
A 206% gain in six months.
A 166% gain in just one month.
As recently as December 9, 2024, the stock was priced at ₹2.14, highlighting its rapid growth.
Strong Financial Results in Q2 FY24
The company’s September 2024 quarter results showcase its financial strength. Yuvraaj Hygiene Products reported a net profit of ₹1.38 crore, a significant turnaround from a net loss of ₹0.10 crore in the same period last year.
Its total income also surged from ₹4.98 crore in Q2 FY23 to ₹11.04 crore in Q2 FY24.
Business Overview
Yuvraaj Hygiene Products is a leading manufacturer and supplier of cleaning products in India.
The company offers a wide range of items under the “HIC” brand, catering to both domestic and commercial needs. Its product portfolio includes:
Scrub pads for personal hygiene
Toilet brushes
Floor wipers
Cotton and PVA mops
Scrubbers
Cleaning brushes and plungers
Body scrubbers
With its diverse product range and strong financial growth, Yuvraaj Hygiene Products continues to attract attention in the market.
About the Company
Yuvraj Hygiene Products is a leading manufacturer and supplier of cleaning products and equipment in India.
The company offers a wide range of products, including scrub pads for personal hygiene, toilet brushes, floor wipers, cotton mops, PVA mops, scrubbers, cleaning brushes, plungers, and body scrubbers.
These products are sold under the brand name “HIC” and cater to both domestic and commercial cleaning needs.
