Vaarad Ventures Ltd Share Soars 62% in Five Days, Giving High Returns to Investors
Vaarad Ventures Ltd, a non-banking financial company, has given strong returns to its investors as its share price has surged by nearly 62% in the past five days. The stock has risen from Rs 9.70 to its current price of Rs 15.64. In the last month, the share has surged by 70.93%, while it has increased by 4.34% year-to-date. However, in the last year, the stock price has declined by 2.25%. In 2011, the share was priced at Rs 88, which means that it is currently down by almost 82%.
Company Overview
Vaarad Ventures Ltd invests in technology, mineral water, supply chain management, and database management industries. It was previously known as Atco Corporation Limited and changed its name to Vaarad Ventures Limited in February 2011. The company was founded in 1993 and is headquartered in Mumbai, India.
Investors Rejoice
Vaarad Ventures Ltd’s strong performance has delighted investors as they have earned significant returns in a short span of time. The benchmark index is at a lifetime high, and penny stocks like Vaarad Ventures Ltd have also made gains. The surge in the company’s share price is due to positive sentiments among investors and an increase in demand for the stock.
Conclusion
Vaarad Ventures Ltd’s share has given high returns to investors in the past five days, which is a positive sign for the company. The company’s diversified investment portfolio and strategic decision-making have helped it weather the storm and emerge as a winner among penny stocks. As the stock continues to perform well, investors will be keeping a close eye on Vaarad Ventures Ltd’s future growth prospects.
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