This multibagger stock gained 1,255 per cent in 2021
A previously low scrip stock, trading below Rs 30 per share in 2020, Aditya Vision Limited skyrocketed since the last few days of December 2020 and continued its upward trend.
In 2021, the stock markets have surprised everyone with its magical strength being exceptionally stronger and remaining unfazed by the second wave of the COVID-19 pandemic. Similar to the overall cheerful market environment, the shares of Aditya Vision Limited surged around 1,255.29 per cent on a YTD basis.
A previously low scrip stock, trading below Rs 30 per share in 2020, Aditya Vision Limited skyrocketed since the last few days of December 2020 and continued its upward trend.
The shares of Aditya Vision Ltd continue to lock in at its respective upper circuit for several consecutive days now, resulting in a sharp rise in the company’s share prices. While the company’s stock has gained by around 46.1 per cent in the last one month, the scrip is up by 29.81 per cent since the beginning of June 2021, and by 2,416.5 per cent in the last one year.
Aditya Vision Limited is engaged in the retail business of consumer electronics, home appliances, cameras & mobile phones. The company is a multi-brand, multi-product retail chain, which stocks a range of consumer durables, right from air conditioners, televisions, washing machines, refrigerators, microwaves, home theatre systems, mobile phones, and small home appliances. It has multiple showrooms in Bihar and continues to undertake strategic expansion of showrooms.
On Monday, the company’s shares locked in at its respective upper circuit after gaining 2 per cent or Rs 10.15 per share to cease trading for the day at Rs 518.40 per share.