Multibagger Shares: Authum Investment & Infrastructure Ltd
Authum Investment & Infrastructure Ltd is counted among those selected shares of the stock market which have made their investors millionaires in just the last 5 years. With a market cap of nearly INR 4,857 crores, the company operates in the NBFC sector. Over the last 5 years, its share price has risen from INR 2.50 to INR 286, delivering a whopping return of 11,340% to its investors.
Share Price Performance
On Wednesday, May 31, the share price of Authum Investment closed at INR 286.00 on the BSE. However, just 5 years ago, on June 1, 2018, the share was trading at just INR 2.50 on the BSE. In the last 5 years, the share price has risen by nearly 11,340%, making its investors millionaires.
Recent Performance of the Share
In the last month alone, the share price of Authum Investment has risen by 28.89%. Moreover, since the beginning of this year, the share price has risen by nearly 29.50%. In the last one year, the share price has risen by a whopping 78.14%.
March Quarter Results
In the March quarter, Authum Investment & Infrastructure Ltd’s consolidated net profit fell by 6.55% to INR 1,937.70 crores, as compared to INR 2,073.53 crores in the previous quarter. However, the company’s revenue fell by INR 80.97 crores, as compared to INR 123.69 crores in the previous quarter. The company’s operating profit fell by 8.10% to INR 1,917.64 crores, as compared to INR 2,086.64 crores in the previous quarter.
Disclaimer: It is important to note that investment in the stock market is subject to market risks. Before investing, always seek expert advice. Moneycontrol does not provide any investment advice.
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