
This stock hits 20% upper circuit on delisting plan; zooms 34% in six sessions
A meeting of the board of directors is scheduled on January 4 to consider the proposal for voluntary delisting of the equity shares of the company, says BF Investment.
A meeting of the board of directors is scheduled on January 4 to consider the proposal for voluntary delisting of the equity shares of the company, says BF Investment.
The smallcap stock has nearly doubled to ₹2,982.60 in intraday today, from its 52-week low of ₹1,500.70 on July 29, 2022.
The construction and services firm has rallied 12% in two sessions after it bagged orders worth ₹6,163 crore from Adani Group.
This smallcap stock has reported 110% YoY growth in its consolidated profit at ₹20.3 crore in Q1 FY23, while revenue jumped 114.6% to ₹135.7 crore.
In just 51 sessions, this education stock has given a massive return of around 700% to its shareholders.
Ace investor Shankar Sharma has acquired 4.4% stake in this smallcap company via open market transactions on the BSE.
This multibagger stock has risen from ₹47 per share on February 1, 2021, to ₹283 level currently, after Adar Poonawalla-led Rising Sun Holdings acquired a 60% stake in the company.
The Covid-19 pandemic failed to affect the bulls’ spirits, as benchmark indices saw absolute annual gains between 75.2% and 117.2% while FPIs pumped in a record ₹2.74 lakh crore into equities.
Market experts welcome the 30–stock benchmark adding 6,000 points since December 1, but also caution against stretched valuations.
While the year was marred by the Covid-19 pandemic, lockdowns, and negative GDP, the equity benchmark indices, however, saw record highs. Will the trend continue in 2021 too?