Multibagger Stock: All eyes are on the shares of Indian stock market veteran Rakesh Jhunjhunwala. A part of the ‘Big Bull’ portfolio, Aptech Limited’s shares have given multi-bagger returns to its shareholders in the last 12 months.
As per the shareholding pattern, Rakesh Jhunjhunwala along with his wife owns 23.7 percent stake in the company as of September 2021. He is also the promoter of Aptech Limited.
The stock rose 3.54 per cent to hit a new 52-week high of Rs 421.75 on the Bombay Stock Exchange (BSE) on Thursday. It has been rising for the last 3 trading sessions and has given 20.78 percent returns during the same period.
With a market capitalization of Rs 1,712 crore, the shares are trading higher than the 5 day, 20 day, 50 day, 100 day and 200 day moving averages. In the last one year, the share price of Aptech Limited has increased from Rs 153 to Rs 421.75. It recorded a return of about 176 per cent during this period.
Aptech Limited posted a large number of figures for the quarter ended September 2021. The company reported a 513 per cent jump in its net profit at Rs 11.3 crore for the quarter ended September 2021. The profit in the year-ago period was Rs 1.84 crore.
Net sales increased to Rs 33.9 crore from Rs 34.2 crore in the year-ago period. Earnings per share (EPS) increased to Rs 2.78 in September 2021 from Rs 0.46 in September 2020.
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