Multibagger Stock: Shares of Abhinav Capital Services Ltd were locked in a 5% circular area of R247.90 each, in line with its new 52-week high. They have been hitting the top region for 22 sessions in a row! However, they hit their low 5% stake in early trading on Tuesday and their share price plummeted after a long time.
Abhinav Capital Services Ltd is involved in the lending business and is a Non-Bank Revenue Nonprofit Company registered with the RBI. It is a shilling with a market capitalization of ₹ 163.49 crores. It has a low volume and only 355 shares traded hands in Monday’s trade.
Over the course of a month, the company’s price increased from R82.25 each to ₹ 247.00 each, providing multiple multibagger profits of 200%. Therefore, if the investor had invested ₹ 1,00,000 shares in the company’s stocks last month, his asset value would have been ₹ 3,00,000 today.
Similarly, the company’s shares offered a multibagger refund of 260.90% over the past six months as their share price increased from 62.15 to ₹ 247.00. The R1,00,000 invested at that time costs ₹ 3,60,900 today.
Its share price increased by 574% last year, from ₹ 33.25 to ₹ 247.00. So if ₹ 1,00,000 was invested in company stocks last year, the holdings cost ₹ 6,74,000 a year.
71.48% of its shares are held by promoters, while 28.52% of the remaining shares are held by trading investors.
It is important for investors to note that the company’s shares have a very low volume of 2842. Such low rates make it easier for some people to control the price of shares, so investors are advised not to stay away from such shares.
The content in this daily news article is not investment advice. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. The author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
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