Shares of Aditya Vision have been on a crazy bull run post-COVID-19. The stock has gone up over 11,000% in the past three years. Just today, the stock went up close to 2% to hit a new 52-week high of ₹2,049.70.
The Investment: If you invested ₹10,000 in Aditya during the first covid lockdown when the stock was trading at around ₹18-₹20, you would have been able to purchase around 500 shares of the company. Today, as the stock trade at around ₹2,000 levels, those 500 shares would have been worth ₹10 lakh making you a millionaire.
See Also: What's Going On With Tata Motors Shares Today?
Background: With a market cap of around ₹2,500 crore, the small-cap company owns around 117 showrooms across the country. The three-decade-old company is headquartered in Patna and owns and operates stores in major cities of Bihar, Jharkhand and Uttar Pradesh.
The electronics retailer also counts ace investor Ashish Kacholia among its shareholders. Kacholia also increased his stake in the company during the June quarter. Currently, he owns around a 1.99% stake in the company, which is worth around ₹43 crore
Price Action: Aditya Vision’s share price was up 0.75% to trade at ₹2,024.70 in the early hours of trading on Thursday.
Read Next: Rekha Jhunjhunwala Cuts Stake In This Tata Stock
Disclaimer: Benzinga India doesn’t give financial advice. The above article is for educational purposes alone.
Don't miss a beat on the share market. Get real-time updates on top stock movers and trading ideas on Benzinga India Telegram channel.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.