Authum Investment & Infrastructure Limited’s Stock Soars, Investors Become Crorepatis
Authum Investment & Infrastructure Limited’s stock has given tremendous returns to its investors. The multi-bagger stock closed at Rs. 325.00 on June 13, 2022, after trading at just Rs. 1.5 four years ago. The company’s stock has made investors who invested Rs. 48,000 crorepatis. However, due to profit booking, there has been a slight decline in the stock’s value.
In the past three years, the stock has grown by more than 4,353%. The multi-bagger stock closed at Rs. 7.32 on June 12, 2020, and reached Rs. 326 on June 12, 2023, on the BSE. If someone had invested Rs. 1 lakh in this stock three years ago, it would have grown to Rs. 44.53 lakh today.
Authum Investment & Infrastructure Limited’s stock has given investors tremendous returns in both short and long-term time frames. Last year, on June 20, 2022, the stock was trading at Rs. 1234 per share. However, in less than a year, the stock has risen by 147%, crossing the 300 mark, and reaching a record high of Rs. 331. The stock has risen by 49% in just one month, and the firm’s market cap has increased to Rs. 5,536 crore on the BSE.
Authum Investment & Infrastructure Limited is an NBFC engaged in investing in shares and securities. The company’s net profit in the December 2022 quarter was Rs. 63.29 crore. However, the company faced losses of Rs. 134.28 crore in the March 2023 quarter. During the March 2023 quarter, two promoters held a 71.47% stake in the firm, and 6,790 public shareholders held a 28.53% stake.
Investors are advised to seek financial advice before investing in any stock.
Recommended:
• Authum Investment & Infrastructure Limited’s stock has risen by more than 4,353% in the past three years, making investors crorepatis.
• The stock has given tremendous returns to investors in both short and long-term time frames.
• Authum Investment & Infrastructure Limited is an NBFC engaged in investing in shares and securities.
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