A penny stock whose investors have been gifted a multibagger of 700 percent. Apart from its excellent performance, LIC has also invested heavily in the shares of this company.
Here the talk ATV Projects India is being shared. This small cap stock has appreciated from ₹4 to ₹32.50 per share in the last 5 years, giving returns of over 700 per cent to long term positional investors. Not only this, this stock has given returns of almost 110 percent to its positional investors on YTD basis. This multibagger penny stock has jumped from ₹14.60 to ₹32.50 per share in a year, giving returns of almost 125 percent. However, this multibagger penny stock has declined 10 percent in a month.
According to the shareholding pattern of ATV Projects India Ltd for the July to September 2024 quarter, LIC holds 9,95,241 shares of the company, which is 1.87 percent of its total stake.
If you had invested ₹ 1 lakh in this stock 6 months ago, today that ₹ 1 lakh would have become ₹ 1.35 lakh. Similarly, if an investor had invested ₹1 lakh in this multibagger stock at the end of 2023, his ₹1 lakh would have turned into ₹2.10 lakh today. If an investor had invested ₹1 lakh in this multibagger penny stock five years ago, his ₹1 lakh would have turned into ₹8 lakh today.
The market cap of this company is ₹172 crore. Stock P/E is 29.1. The company was established in the year 1987. This company is associated with the business of project management and engineering services. The stock’s 52 week high is ₹41.50 per share, while its 52 week low is ₹13.63 per share.
Disclaimer: This information is for informational purposes only and should not be construed as investment advice. It is recommended to consult a financial advisor before making investment decisions.