2024-07-29 01:37:25
New Delhi: The stock of Khubsurat Limited, a company working in the finance sector, is making a splash these days. This stock has given tremendous returns to investors in a short time. If we talk about this week, then from Monday to Friday, till the market closed, this stock has given a return of 20 percent in these 5 days. While it had an upper circuit of 5 percent on Thursday, it increased by 4.47 percent on Friday. At present, the price of this stock is Rs 1.87.
This stock has given tremendous returns to investors in one month. One month ago, the price of one share was Rs 1.27. Now it has increased by 47.24 percent to Rs 1.87. It has increased by 60 paise in this one month. If you had invested one lakh rupees in it a month ago, today this amount would have increased to Rs 1.47 lakh. That is, you would have got a profit of 47 thousand rupees by investing one lakh rupees.
Money doubled in 20 days, 20% return in two days… This stock got wings due to an announcement in the budget
There was a blast 28 months ago
The stock of this company rocked 28 months ago. At that time, it gave investors not 100, 200 percent but more than 2000 percent return. At the beginning of December 2021, the price of one share of this company was around 16 paise. From here this stock started jumping. This increase lasted for about 3 months. In March 2022, this stock had reached Rs 3.39. In such a situation, this stock had given more than 2000 percent return to the investors in just about 3 months. At that time, the investor who would have invested one lakh rupees in it, would have become 20 lakh rupees in just 3 months.
The all-time high price is more than 20 rupees
This company was listed in the stock market in July 2013. At that time its price was Rs 1.51. After this, its stock saw a rise. In January 2014, it crossed Rs 20. However, after this it declined. From time to time, the stock of this company has fluctuated. From June 2017 to November 2021, its price remained almost stable. From December 2021, it rose again.
Why is it increasing so rapidly?
The company’s board of directors can issue bonus shares and dividends to its shareholders. Some time ago, the company had informed that the company’s board meeting will be held on August 12. In this, the proposal for bonus shares and dividend payment will be considered. It is believed that this proposal may get approval in the meeting. The company’s market cap is currently around Rs 88 crore.
Disclaimer: The suggestions given in this analysis are those of individual analysts or broking companies, not of NBT. We advise investors to consult certified experts before making any investment decision. As stock market conditions can change rapidly.