There is an atmosphere of despair all around in the stock market. The month of October has proved to be very bad for the Indian stock market. Be it PSU banks or big stocks, everyone has been badly beaten. But even in this decline of the market, there are some shares which are giving earning opportunity to the people. Today we are going to tell you about one such stock which has made huge profits for the investors. Let us know which share it is.
The name of this company is Shri Adhikari Brothers Limited. The situation is that this stock is experiencing upper circuit every day for the last several months. Six months ago, on April 25, 2024, the price of this share was only Rs 98.20, which has now crossed Rs 1226 on October 25, 2024.
How much return in 1 year
During the last 6 months, the shares of Shri Adhikari Brothers have given strong returns. If we talk about one year, this stock has set an example by giving a huge return of 74,209 percent to the investors. You will be surprised to know that about a year ago i.e. on 30 October 2023, the price of this share was only Rs 1.65, which has now become Rs 1226.10. That means a return of about 74000 percent within 1 year. Whereas five years ago the price of this share was around Rs 1.80.
record of upper circuit
Shares of Mumbai’s television network company Shree Adhikari Brothers have created a new record in profit as well as upper circuit. This stock has hit upper circuit in more than 135 consecutive trading sessions. Even on the last trading day of the week i.e. Friday, this stock had a rise of 2 percent. Whereas on Friday the Indian stock market closed in decline. If we talk about this year only, since January till now this stock has given returns of more than 42000 percent to the investors. On January 1, 2024, the price of this share was only Rs 2.90.
