Promoters & FIIs Increased Stake: Revenue Surged by 2,200 Per cent & Profits by 3,200 Per cent, Stock Closed the Week At All-Time High!
The company’s shares have delivered an impressive return of over 1000 per cent in the past 2 years only.
Authum Investment & Infrastructure Limited is engaged in fund-based activities such as investing in shares, securities, and mutual funds, and providing loans and advances has posted a stellar result.
As per the Quarterly Results, the company reported a revenue of Rs 1,412 crore, representing a growth of 2,213 per cent compared to Rs 61 crore in the same quarter last year. Moving to operating profits, the company reported an operating profit of Rs 1,252 crore with a margin of 89 per cent, compared to Rs 58 crore with a margin of 94 per cent in the same quarter last year.
Furthermore, analyzing the bottom line, the company’s net profit stood at Rs 1,093 crore compared to Rs 33 crore, representing a gain of 3,212 per cent. EPS for the latest quarter stood at Rs 64.34 per share, a significant jump of 3,251 per cent from Rs 1.92 per share.
On Friday, the shares of Authum Investment & Infrastructure Limited closed at Rs 1722.60 per share on the BSE, marking its all-time high price. Additionally, the shares have delivered a multibagger return of over 250 per cent in the past 1 year. The company’s current market capitalization stands at Rs 29257 crore.
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Turning your attention to the company’s shareholding pattern, Promoters own a 74.95 per cent stake in the company, which was 74.72 per cent in the past quarter, while FIIs have also increased their stake in the company from 7.19 per cent to 7.23 per cent as per the latest quarterly update.
Investors must keep this Small-Cap company on their radar.
Disclaimer: The article is for informational purposes only and not investment advice.