An investment of Rs 1 lakh two years back in this NBFC stock would have now accumulated to Rs 5.75 lakh!

This multibagger stock logged all-time high in today's session

Shares of this NBFC have been locked in the upper circuit in three consecutive sessions, logging an all-time high in each one. In the past six months, the stock has given mindboggling 300 per cent returns. 

Incorporated in 1983, Akashdeep Metal Industries Ltd is a non-banking financial company. It is engaged in investment in shares, stocks, debentures, debentures-stock, bonds, mutual funds, obligations and securities issued or guaranteed by any company constituted or carrying on business in India.  

The shares of this NBFC listed on BSE have significantly outpaced the benchmark S&P BSE Sensex which had decreased by 2.44 per cent in the last 1 year whereas S&P BSE Financial Services has fallen by 2.7 per cent in the same period.  

• Rs 1,00,000 invested just 6 months back would have more than quadrupled to Rs 4,34,000 giving a price return of 344 per cent,  
• Rs 1,00,000 invested 1 year back would have more than tripled to Rs 3,24,000 giving a price return of 224 per cent and,   
• Rs 1,00,000 invested 2 years back would have, however, become Rs 5,75,000 giving a price return of 475 per cent.  

Akashdeep Metal Industries commands a market capitalisation of Rs 167 crore and have only 1 subsidiary company - Anmol Financial Services. Of the total loan outstanding as of March 31, 2022, 86 per cent of the loans are extended to related parties.  

Shares of Akashdeep Metal Industries have logged an all-time high in today’s session at Rs 167.80. 

Keep a close eye on this scrip for the upcoming trading sessions to see whether it continues to outperform!