Despite Covid pandemic, Nandani Creation Posted profits and gave high returns to shareholders
Nandani Creation Limited is a Jaipur based NSE Listed Company best known with its E-Commerce & Retail Brand “JaipurKurti.com” outperforms the share market chart and provides 318.82 % of returns to the Investors in a span of 1-year inspite of the COVID-19 pandemic.
The Company will be soon moving to the Main Board of NSE. The Audited Standalone & Consolidated Financial results for the FY 2020-21 will be published soon and is expected to provide good returns to the Investors.
This return percentage comes to 214.11% for a period of 6 Months. The Company even continues to provide returns to the Investors in the 2nd wave of COVID-19 Pandemic and generated 59.30% of returns during the last 3 Months.
As a whole Company is 409.8% ahead from its 52 Weeks low. Currently as on 17th June, 2021 the share is trading at Rs. 38.95 on the NSE, the share touched a 52 week High of Rs. 38.95 on 17th June, 2021.
The Key Highlights/strengths for the Investors to invest in the Company are as follows:
· New 52 Week High with Zero Promoter Pledge and Stock have good price momentum;
· Strong cash generating ability from core business - Improving Cash Flow from operation for last 2 years
· The Company's "JaipurKurti.com" Brand ranks among Top 10 Brands at every Online Marketplace and especially its Bottom wear Category ranks at No. 1 as per the Online Industry trends.
· Nandani Creation with its Brand JaipurKurti.com has eyes set on 20-25 Retail Stores for expansion by the year 2023.
· E-Retailers: Gamechangers for the Indian Economy in the year 2021 post COVID-19 pandemic.