Shares are the father of Multibagger, upper circuit for 150 days continuously, incredible return of 89,675% in 2024!

Multibagger stocks are making headlines, with some experiencing significant declines while others, like SAB TV, continue to soar. Over the past 150 trading sessions, SAB TV shares have consistently hit the upper circuit, astonishing investors with an incredible return of 89,675% within a year. However, potential investors should be cautious due to the stock’s low trading volume.

Continuous Upper Circuit in SAB TV Shares

The Shree Adhikari Brothers Television Network (SAB TV) stock has remarkably maintained an upper circuit for 150 consecutive trading sessions, indicating a daily price increase of 2%. As of November 5, 2024, the share price stood at Rs 1,408.25, following the same upward trend.

Amazing Return of 89,675% in 1 Year

Investors have benefitted from an astounding 89,675% return on SAB TV shares over the past year. With a recent jump of 8.4% in five days and a 54.53% return over the last month, the stock has proven to be a lucrative long-term investment.

Trading in Low Volume

Despite impressive gains, SAB TV shares trade at a low monthly average volume of just 2,165 shares. This low volume can lead to volatile price fluctuations, posing risks for investors.

Financial Position of the Company

The company’s financials reveal a total revenue of ₹26.60 lakh with a significant loss of ₹212.66 crore. This raises concerns regarding the sustainability of such rapid stock price increases.

How is the Stock in the Market?

On November 6, SAB TV shares opened at Rs 1,436.40, maintaining the upper circuit for the day. The stock’s 52-week high reached Rs 1,436.40, while the low was Rs 41.25.

Disclaimer: This information is for educational purposes only and does not constitute financial advice. Please consult a SEBI-registered financial advisor for investment guidance.