Back-to-back upper circuit: This Consumer Discretionary multibagger stock returned 25 lakhs on 1 lakh investment in less than six months

Back-to-back upper circuit: This Consumer Discretionary multibagger stock returned 25 lakhs on 1 lakh investment in less than six months

Kaustubh Bhosale

The stock has experienced a rapid upward movement since its listing to reach an all-time high of Rs 90.45.

Eyantra Ventures Limited (formerly known as Punit Commercials Limited) is engaged in the business of trading of diamonds and trading and investment in shares, securities and other financial instruments. The stock has experienced a rapid upward movement since its listing to reach an all-time high of Rs 90.45. During this time, volumes were also fairly high. The price has now exceeded the range on the higher side and from here we can see the stock reaching a new high hitting back-to-back upper circuit for the last six months. 

The total market cap of the company is Rs 13.02 crore. Eyantra Ventures has no debt compared to 5 years ago when its debt-to-equity ratio was 90.9 per cent. Share price has been stable over the past 3 months. Current net profit margins (16.7 per cent) are higher than last year (7.8 per cent). Earnings growth over the past year (130.4 per cent) exceeds its 5-year average (47.1 per cent per year). 

This multibagger stock has increased by about 2,500 per cent over the past six months, going from a price of Rs 3.43 to Rs 90.45 per share. This multibagger stock has appreciated by 150 percent over the past one month, rising from a price of about Rs 36.10 to Rs 90.45 per share. Similar to this, on the YTD basis, the price of this multi-bagger Adani stock has increased from Rs 18.45 per share to Rs 90.45, a gain of around 390 per cent. 

If an investor had made an investment of Rs 1 lakh in this multibagger company six months ago, that amount would now be worth Rs 25 lakh! Similar to this, if an investor had made an investment of Rs 1 lakh in Eyantra ventures one-month back, that amount would now be worth Rs 3.60 lakhs! 

Investors should keep an eye on this multibagger stock.

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