Don’t miss action in this multibagger stock that has hit upper circuit and announced a stock split!

This multibagger stock has increased by about 150 per cent over the past six months, going from a price of Rs 41.65 to Rs 104.15 per share.

The stock experienced a surge in the volume in the past few trading sessions, on the back of the news of stock split on March 15, 2023 which is subject to approval of the shareholders.  

Today's domestic indices ended the day in the green and shares of Sera Investment and Finance India Ltd surged 5 per cent to Rs 299.45 per share from its previous closing of Rs 286.25 per share. The stock has a 52-week high of Rs 368.85 per share and a 52-week low of Rs 48.55 per share.  The Company's annual revenue growth of 910.85 per cent outperformed its 3-year CAGR of 76.75 per cent. Within the Financial Services sector, the company has a market cap rank of 53. Sera Investment and Finance has a market cap of Rs 299.45 crore.

The board has approved the Sub-Division of 1 equity share having face value of Rs. 10/- each into 5 equity shares having face value of Rs. 2/- , each subject to necessary approval. The company verified that the expected time of completion is within 2 (two) months from the date of approval of Board of Directors.  

The stock returned nearly 51 per cent in the last 3 months and multibagger returns of 419 per cent in just 1 year. The stock since inception has rocketed by 1,563 per cent. Promoter owns 65.14 per cent shares of Sera Investment and Finance as on Dec 31, 2022. Promoter holding has gone up from 65.14 (Jun 30, 2022) to 70.0 (Dec 31, 2022).  

This multibagger stock has increased by about 150 per cent over the past six months, going from a price of Rs 41.65 to Rs 104.15 per share. This multibagger stock has appreciated by 234 percent over the past one year, rising from a price of about Rs 31.15 per share.  

Investors should keep an eye on this multibagger stock.