Multibagger Penny Stock: In the rebound of the stock market during the post-Covid rally, a good number of stocks have given great returns to their shareholders, who had a long-term outlook. This list of multibagger stocks also includes some penny stocks that have high volumes and a strong business model. Adwick Capital Shares is a penny stock that has grown from 0.29 per piece 4.20 per share, giving 1,350 per cent return to its shareholders.
Advik Capital Share Price History
In the last one month this penny stock has grown from 3.54 per piece The 4.20 per share level provides around 10 percent return to its positional investors. Over the past six months, the stock has been under selling pressure and has lost nearly 35 percent in this period after a downtrend. from 6 4.20 level. However, penny stocks have delivered a massive 35 percent year-over-year return after rising from from 2.91 5.20 each level. In the past one year, it has grown from multibagger stock from 3.36 4.20 level, giving a return of around 15 per cent as the stock remains under profit-booking after rising to its lifetime high 6.30 pm on BSE in April this year. Similarly, over the past two years, it has grown from small-cap stocks. 0.29 per piece 4.20, increased by 14.50 times in this period.
impact on investment
Taking cues from Adwick Capital’s share price history, if an investor had invested 1 lakh in this stock a month ago, its would have turned into 1 lakh 1.15 lakh today. Similarly, if an investor had invested 1 lakh in this penny stock six months ago, its would have been 1 lakh 65,000 today. If an investor had invested 1 lakh in this multibagger stock at the beginning of the new year 2022, its would have turned into 1 lakh 1.35 lakh today. Similarly, in the last one year, Would have invested 1 lakh in this small-cap stock 1.15 lakh today. However, if an investor had invested 1 lakh in this small-cap stock during the post-Covid rally on Dalal Street two years ago, its would have turned into 1 lakh 14.50 lakhs today.
In Q2FY23, this small-cap stock has reported total earnings 227.68 crore against 15.20 lakh in Q2FY22 while the company’s net profit grew by from 7.03 lakhs 6.23 crore in the recently ended September 2022 quarter.
The current trading volume of the penny stock at around 1:45 PM is 15.33 Lakh, which is slightly higher than the last 20 days average volume of 13.03 Lakh. 52-week high if 6.30 while its 52-week low is . Is 2.04 each. The current market cap of a small-cap stock is 83 crores.
catch all business News, market news, today’s fresh news events and breaking news Updates on Live Mint. download mint news app To get daily market updates.