Multibagger stocks 2021: If an investor had invested 1 lakh rupees in the stock of this company a year ago, then today his investment would have increased to 57 lakh rupees. The stock has given a return of 5630 per cent in one year.
Multibagger stocks 2021: Equity returns are strong in the year 2021 and stock market experts are of the opinion that this is due to the strong rebound of the market after the huge selloff in the first web of COVID-19. Interestingly, BSE SME stocks are also included in the list of multibagger stocks this year. Shares of Aditya Vision are the latest example of this. The BSE SME listed stock is skyrocketing and has closed in the green in 4 out of the last 5 trading sessions.
Let us tell you that Aditya Vision, a retailer of electronic products in Bihar, plans to expand its business in the neighboring markets of Jharkhand, West Bengal, eastern Uttar Pradesh and Assam in the next two years. The company’s business is focused on Tier 2 and Tier 3 cities as a business strategy.
In the current financial year, the company plans to open 12 to 15 stores in Jharkhand. A year later, there are plans to start stores in eastern Uttar Pradesh, West Bengal and Assam as well. Aditya Vision’s operating income declined 5.9 per cent to Rs 906.88 crore in the financial year 2020-21 ended March. Whereas in the previous financial year, the company’s income was 963.71 crores.
133% increase in one month
Aditya Vision stock is a BSE SME listed stock which was listed in December 2016. The stock has gained 10 per cent in the last 5 trading sessions. During this, the stock on BSE increased from Rs 1286.30 to Rs 1415.20. However, in the last one month, the share price of Aditya Vision has increased from Rs 607.20 to a level of 1415.20. In this way, there has been a jump of 133 percent in it.
If we look at this SME listed stock in the last 6 months, it has increased from Rs 81.45 to Rs 1415.20, giving a strong return of 1637 percent to its shareholders. However, in the last one year, this BSE SME listed stock rose from Rs 24.70 to Rs 1415.20 and registered a rise of 5630 per cent during this period.
1 lakh made 57 lakh rupees
If an investor had invested Rs 1 lakh in the shares of Aditya Vision a year ago, then today his investment would have increased to Rs 57 lakh. The stock has given a return of 5630 per cent in one year. At the same time, in 6 months, the investor’s 1 lakh would have increased to Rs 17 lakh.
Business started in 1999
Aditya Vision, present in almost every district of Bihar, sells more than ten thousand types of products. In which products used at home include LED TVs, mobile phones, laptops, etc. The company started business in 1999 and was listed on the stock exchange in the year 2016.
read this also-
LPG Gas Cylinder Price: LPG gas cylinder becomes costlier by Rs 73.5, check new rates here
Bank Holidays List August 2021: Your bank will be closed for so many days in the month of August, see the complete list here