Double your money in 20 days! Shares of bicycle company did wonders


Trading started again in bicycle manufacturing company Atlas Cycles (Haryana) Ltd. Trading ban was imposed on the company in the year 2020. After the ban was lifted, there was a spectacular rise in the shares. The company’s shares jumped more than 100 percent in the last 20 sessions. This means that investors’ money has doubled in about 20 days.

continuous upper circuit

The company’s shares have been in upper circuit continuously in the last week. The stock hit upper circuit from January 13 (Monday) to January 17 (Friday). The company’s shares rose 21 percent in five sessions. On January 17, the company’s shares closed at Rs 150.82 per share.

The ban was imposed in the year 2020

Shares of Atlas Cycles were banned in BSE and NSE in December 2020. According to the annual report for the financial year 2024, it was said that this action was taken due to the delay in releasing the financial results. Trading in the company’s shares was halted on 16 December 2020.

Ban lifted after four years

On 27 December 2024, the stock exchange lifted the ban on Atlas Cycles shares. After this trading in shares started again. After the start of trading, investors showed interest in buying the stock.

Gave excellent returns in 20 days

Trading of the stock resumed at Rs 62.99 per share on 27 December 2024. The company’s shares hit an upper circuit of 5 percent on the very first day after resumption of trading. Since then there has been a continuous rise in the shares. Currently the share price of the company is Rs 150. The rise in shares clearly shows that the shares rose 117 percent in the 20-day trading session. According to BSE Analytics, the company’s shares gave a return of 419.86 percent in three years. The m-cap of the company is Rs 97.99 crore.

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.