Promoter Sold 1,38,000 Shares & 12,000 Per Cent Multibagger Returns; Record Date Announced 10:1 Stock Split
The stock gave multibagger returns of 360 per cent in just 1 year, 8,500 per cent in 3 years and a whopping 12,000 per cent in 5 years.
Arunjyoti Bio Ventures Limited (Scrip Code: 530881) has announced a sub-division (stock split) of its existing equity shares. The purpose of this split is to reduce the market price of the company's shares, making them more affordable and potentially increasing trading liquidity. By subdividing shares with a face value of Rs 10 each to Re 1 each, the company aims to attract a wider range of investors, including retail investors who high share prices may deter. The record date for this sub-division has been fixed as Friday, January 17, 2025.
Additionally, Tata Consumer Products Limited (TCPL) has invested Rs 8.90 crore in Arunjyoti Bio Ventures Limited (ABVL) by facilitating the arrangement of specialized machinery for its two plants in Telangana and Andhra Pradesh. This significant investment will enhance ABVL's production capabilities, allowing them to manufacture and package TCPL's Ready to Drink (RTD) products exclusively. This strategic partnership underscores TCPL's commitment to expanding its production capacity and ensuring efficient supply chain management while maintaining the highest quality standards to meet the rising demand for its RTD offerings.
Arunjyoti Bio Ventures Ltd, established in 1986, is a prominent co-packing company catering to multinational corporations. Initially involved in equity and commodity trading, wealth management, and software development, the company pivoted its focus in 2022 to include FMCG and beverages. Their core services encompass co-packing a variety of beverages, producing non-carbonated water, and distributing these products, all while adhering to stringent quality standards set by their international clients.
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In Q2FY25, the company reported net sales of Rs 6.35 crore and a net loss of Rs 0.41 crore whereas in FY24, the company reported net sales of Rs 20.43 crore and a net loss of Rs 0.35 crore. In December 2024, the promoter sold 1,38,000 shares.
The company has a market cap of over Rs 350 crore with a 3-year stock price CAGR of 340 per cent. The stock gave multibagger returns of 360 per cent in just 1 year, 8,500 per cent in 3 years and a whopping 12,000 per cent in 5 years. Investors should keep an eye on this micro-cap stock.
Disclaimer: The article is for informational purposes only and not investment advice.