1 Stock That Increased 10,000% in 33 Years to Buy and Hold Forever
Fri, Jul 5, 2024 5:28 PM

1 Stock That Increased 10,000% in 33 Years to Buy and Hold Forever

A Flip by Shubhangi Gupta
Get it on Google Play
Vertex Pharmaceuticals has delivered a remarkable 15.1% average annual return since its 1991 IPO, with a 10,310% growth, driven by its success in developing medicines for rare diseases, including cystic fibrosis. The company's focus on targeting underlying causes of diseases, combined with its innovation culture and vision, makes it a solid buy-and-hold-forever pick.

More great flips

What Goldman Sachs Expects Budget To Do With Railways, MSME, Manufacturing!

What Goldman Sachs Expects Budget To Do With Railways, MSME, Manufacturing!

Goldman Sachs predicts India's government will maintain fiscal consolidation and prioritize capital expenditure over welfare spending in upcoming Union budget. The brokerage firm expects the central government to stick to a fiscal deficit target of 5.1% of GDP for FY25 and further consolidate to 4.5% by FY26. The firm believes the higher-than-expected RBI dividend will ensure capex remains intact.

Open Flip
1:1 Bonus Share Announced by PVV Infra Company; Promoters Bought shares

1:1 Bonus Share Announced by PVV Infra Company; Promoters Bought shares

As per the Quarterly Results, in the fourth quarter of FY24, PVV Infra Limited recorded a revenue of Rs 12.15 crore. The operating profit for Q4 FY24 stood at Rs 2.15 crore. The net profit for Q4 FY24 was Rs 1.83 crore. Looking at the annual performance, the company generated a revenue of Rs 87.92 crore in FY24, compared to Rs 37.62 crore in FY23. The operating profit for FY24 was Rs 2.51 crore.

Open Flip
Skoda gears up to introduce new Kodiaq, Octavia in India

Skoda gears up to introduce new Kodiaq, Octavia in India

Skoda plans to expand its presence in India by introducing new models, including the latest Kodiaq SUV and a sub-4 meter compact SUV by early next year. The automaker also plans to re-introduce the premium sedan Octavia and Superb in the market, with sales of completely built units starting later this year and local assembly beginning next year.

Open Flip

Join our Smart Investment Community

More than 2 Million users are using FlipItMoney to stay updated about the business and finance world! Join FlipItMoney now and take smart investment decisions!
Icon