Stellar Results with Multibagger Returns: This Smallcap Company’s Revenue Surged by 2,200 per cent & Profits by 3,200 per cent; Stock Hits All-Time High!
The company’s shares have delivered an impressive return of over 800 per cent in just 2 years.
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 3,212 percent gain. 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.
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Since the announcement of the results, the shares of Authum Investment & Infrastructure Limited have shown a skyrocketing move over the past 3 days, rallying around 40 per cent. Today, it closed at Rs 1,409.75 per share on the BSE, marking its all-time high price.
The company’s current market capitalization stands at Rs 23,943 Crore. additionally, the shares of the company have delivered multibagger returns of over 180 per cent in the past 1 year only.
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.