Finance

Why did Cochin International Airport’s share price rise from Rs. 200 to Rs. 500 within a year?

Look no further if you want to know why there has been a rapid rise in Cochin International Airport’s share price in the last year. If you had invested Rs. 1000 buying CIAL Cochin share price in October 2023, it would now be worth Rs. 2,500, an over 150% ROI or return on investment.  It is far more than the returns given by banks or mutual funds, which are only around 10 or 20 per cent for a year, respectively.  

So, in this blog, let us discuss in detail the many reasons why CIAL Cochin’s share price has seen a rapid rise in the past year and whether this trend will continue in the future, allowing you to reap huge profits.

Reasons for the rapid rise of CIAL Cochin share price

Cochin International Airport Limited (CIAL) has many firsts, from the green airport to the public-private partnership, and has become the fourth largest airport in India in terms of the number of passengers. There are many reasons for the CIAL Cochin share price to rise more than 150% from Rs. 200 to over Rs. 500 in the last year, including the following. 

  1. The rapid growth of CIAL in the last three decades, from when it became operational in 1994 to becoming the fourth largest airport with millions of domestic and international visitors and travellers.
  2. A steady increase in income with the rise of Kochi as the top business centre not only in Kerala but throughout India
  3. Revenue rise is continuous in recent years to  be over many times like from Rs. 267 to Rs. 1,158 crores from 2021 to 2028
  4. PAT or profit after tax and EPS or earning per share to rise from negative figures like minus Rs. 93 crores to Rs. 448 crores and -2.43 to 9.47, respectively
  5. Strong EBIDTA margins to be around 50 to 60%, rising again from a negative of -35.96 to 49.57 from 2021 to 2024
  6. Soon, it will become the most profitable airport in India, with over 46X P/E or price by earning value and around Rs. 500 crore profit, which is increasing yearly.
  7. Easy to buy and sell unlisted Cochin International Airport Limited (CIAL) shares from the top broker through safe payment methods and to keep them secure in depository accounts
  8. The rapid rise in the airport industry and the number of passengers apart from skyrocketing market conditions, with most indexes cutting all-time highs for over 50 times in 2024 and to continue more in the next two and half months

The above facts and reasons will convince you about the rapid rise of CIAL Cochin’s share price from Rs. 200 to over Rs. 500 in the last year and more in the future to buy it from the top broker to yield high returns. 

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