Multibagger Stock: Multibagger stock filled the pockets of investors.. 750 percent profit in one year!
Investors invest in the stock market with the hope of good returns. But if some stocks rise, others fall. Many company stocks provide investors with higher returns than expected. One such is Araya Lifespace.
Small-cap stock Araya Lifespace has delivered multibagger gains in the last year. It has given a profit of more than 750 percent to investors in a year. The reason for this is that the company is continuously earning profits and is getting new orders. Due to good growth of the company, investors are also waiting for it.
For the sixth consecutive trading day (Friday, January 17), the company’s share price rose 5 percent to the upper circuit on the Mumbai Stock Exchange. The company’s share price touched the upper circuit for the 7th consecutive trading day, rising 5 per cent on the Mumbai Stock Exchange yesterday. Even today, the company’s share price increased by 5 percent in Mumbai Stock Exchange and reached the upper circuit. Today the share price increased by Rs 6.55 to reach Rs 137.60. Investors are happy with the continuous increase in the company’s share price.
Last month, KSRTC had announced that it had selected its Indian subsidiary EpixCash for comprehensive ticketing services including smart electronic ticketing machines. Araya Lifespace’s subsidiary got an order worth Rs 33.5 crore. The business activities of the company are continuously increasing. This has become a strength for the organization. Due to these reasons, the company’s stock has given multibagger gains in a short period.
Araya Lifespace’s share price has increased 756 percent in the last one year. This share has given a return of 14,461 percent to investors in 2 years. In the last 3 years, this stock has given a return of 15,881 percent to investors. More people have stake in the company than promoters. Promoters hold 35.2 percent shares in the company, while the public holds 36.7 percent shares. Foreign investors hold a total of 26.83 percent shares.
Note: This is not investment advice. Only about stock performance. Investing in stock market is risky. Take expert advice.