Last Updated on 15/08/2024 by Arun jain
It is the dream of any investor to make good profits in a short time. Today we are going to tell you about one such stock, which has given amazing returns from last 15th August to this Independence Day and has made investors millionaires. Let us know when and how much return this stock has given?
This stock is Sri Adhikari Brothers Television Network, whose share price has jumped by more than 31,000%. According to corporate database ACE Equity, this stock was at Rs 1.45 on August 14, 2023, which has now reached Rs 460 by August 14, 2024. Investors who would have invested Rs 1 lakh in this stock a year ago would get an amount of Rs 3 crore 7 lakh today.
26000 percent return in two years
The company’s shares have also made a new 52-week high. The 52-week low of Shri Adhikari Brothers’ shares is Rs 1.39. The company’s market cap has reached Rs 1171 crore. In the last two years, the shares of Shri Adhikari Brothers have risen by more than 26000 percent. The company’s shares were at Rs 1.76 on August 16, which crossed a new high of Rs 460 on August 14.
The stock has jumped so much since January
The shares of Sri Adhikari Brothers have jumped more than 13500 percent so far this year. On January 1, 2024, its shares were at Rs 3.39, which now the company’s shares have crossed Rs 460. In the last six months, this stock has given a return of 958 percent to the investors. Six months ago this stock was at Rs 43.64.
What does the company do?
Shri Adhikari Brothers Television Network Limited, established in 1994, is a media company and operates in the field of content production and syndication of content for various broadcasters, aggregators and satellite networks. If Rs 1 lakh was invested in this stock even in January this year, this Rs 1 lakh would have become Rs 1 crore 36 lakh.
(Note- Before investing in any stock, please consult your market expert.)
Source (PTI) (NDTV) (HINDUSTANTIMES)