New Delhi: Small package, big bang. We hear this line at many places. But this line fits perfectly on one stock. This penny stock has made investors rich in a very short time. This share priced at less than Rs 11 has given investors more than 500 percent returns in one year. That means it has given more than 5 times profit. The name of this share is LCC Infotech Ltd. Currently its price is Rs 10.97. It has given approximately 565 percent return to investors in one year. And even in 6 months its return has been 477 percent. On Friday, it had an upper circuit of 2 percent. Upper circuit is being seen in it for the last several days.
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Double returns in three months
This stock has doubled the investment in three months. Exactly three months ago in July, its share price was Rs 5.25. Now it is Rs 10.97. In such a situation, it has given more than 100 percent returns in these three months itself. If you had invested Rs 1 lakh in it three months ago, its value would have been more than Rs 2 lakh.
Tremendous benefits in 6 months
This stock has given huge profits to investors in 6 months. In April its share price was Rs 1.90. In such a situation, it has given 477 percent return in these 6 months. If you had invested Rs 1 lakh in it 6 months ago, you would have made a profit of Rs 4.77 lakh.
One lakh converted into Rs 6.65 lakh
This stock has given tremendous returns to investors in one year. This return has been more than 500 percent in one year. A year ago its share price was only Rs 1.65. This stock has given about 565 percent return in one year. If you had invested Rs 1 lakh in it a year ago, its value would have been Rs 6.65 lakh. That means you would have made a profit of Rs 5.65 lakh.
What does the company do?
This company is related to education. It was established in the year 1985. It offers many types of skill related courses. These include certificate courses, diploma courses and advanced diploma courses. The company also offers many courses related to business. It has more than 100 courses. All courses are online. The market cap of the company is Rs 117.63 crore.
Disclaimer: The recommendations given in this analysis are those of individual analysts or broking companies and not of NBT. We advise investors to consult certified experts before taking any investment decision. Because stock market conditions can change rapidly.