Multibagger Share: Shares of an Ahmedabad-based company have given returns of more than 1000 percent to investors in just one year. The share price has increased by 200 percent in just 2 months and by more than 50 percent in just one month. this is share Ayush Art And Bullion (Aayush Art And Bullion). The company is engaged in manufacturing and trading of gold, diamond and silver jewellery. It also trades textile products like fabrics, embroidery, lace etc.
According to BSE, the market cap of Ayush Art & Bullion is more than Rs 800 crore. The old name of the company was AKM Creations and it started in the year 2009.
1 lakh became 11 lakh in one year
According to BSE data, on 22 December 2023 Aayush Art And Bullion The share price was Rs 55.55. The share closed at Rs 616.85 on December 20, 2024. In this way the one year return became 1010.44 percent. If someone had invested Rs 50,000 in shares a year ago and had not sold the shares yet, the amount would have become Rs 5.5 lakh. Similarly, an amount of Rs 1 lakh would have grown to more than Rs 11 lakh in just one year.
Multibagger Stock: ₹1.5 lakh became ₹10000000 in 5 years, money doubled within a year
Aayush Art And Bullion shares saw a rise of 9% in a week
The promoters held 20.70 percent stake in the company till December 7, 2024. The stock has seen a rise of 9 percent in just one week. On December 20, 2024, the stock hit the upper circuit on BSE with a gain of 2 percent. The closing price of Rs 616.85 is also the stock’s new 52-week high.
Ayush Art & Bullion’s standalone revenue stood at Rs 26.58 crore in the July-September 2024 quarter. Meanwhile, standalone net profit was recorded at Rs 24 lakh. In the financial year 2023-24, the company’s revenue was Rs 7.33 crore and net profit was Rs 26 lakh.
Disclaimer: The information provided here is based on share performance. It is important to note that investing in the market is subject to market risks. As an investor, always consult an expert before investing money. Moneycontrol never advises anyone to invest money here.