Stock To Watch: This Education Stock Up 24% In 5 Days, Consistent High Return: Extraordinary Q1 Result

The share price of Navneet Education Ltd. has been consistently surging sharply over the last year. After the publication of its Q1FY23 result, the stock's performance on the share market has recently been quite impressive.

According to the report, the education company has been able to surpass its entire PAT of FY22 of Rs. 146.62 crore only in Q1 FY23. In Q1FY23, the small-cap company reported a standalone profit after tax (PAT) of Rs. 149.72 crore, which was reported at Rs. 44.54 crore in Q1FY22. Navneet Education's standalone income from operations in Q1 has more-than-doubled to Rs. 682.78 crore, which was reported at Rs. 318.32 crore in Q1FY22.

Navneet Education Ltd.: NSE performance

The current market price of Navneet Education Ltd stood at Rs. 129.65/share on NSE, gaining by 10.06%, till last traded. In the last 5 days, the share price of this company has surged by 23.77% on NSE, and in the last 1 month, its share price has surged by 33.59%. Similarly, in the past 6 months, its stock price has gained by 39.26%, and in the last 1 year its stock price gained by 29.39%.

The 52-week high level of this stock is Rs. 134.70, and the 52-week low level of this stock is Rs. 81.

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