1:1 Bonus Share & 10:1 Stock Split: Rahul Gandhi’s Portfolio Stock Hits Upper Circuit Today; Stock Gains 700 Per cent in Just 2 Years!

The company’s shares have delivered a return of over 145 per cent to its shareholders in just 1 year.

Founded in 2012, Vertoz Ltd is an ad-tech company that provides data-driven marketing, advertising, and monetization solutions to digital marketers, advertising agencies, and digital media businesses using cutting-edge technologies. The company has developed its full-stack in-house and has also acquired various components to enhance its product offerings.

On Tuesday, August 6, the shares of Vertoz Ltd rallied and hit the upper circuit of Rs 33.57 per share on the NSE. Currently while writing the article, it is trading at around Rs 33.21 per share. The company boasts a market cap of Rs 2811.06 crore. The stock has generated an impressive multibagger return of over 145 per cent in just 1 year.

Rahul Gandhi, Leader of Opposition in Lok Sabha and a Congress leader, held this stock as of March 31, 2024. At that time, he owned approximately 260 shares before the split and bonus issuance. Following these corporate actions and adjustments, Rahul Gandhi now held 5,200 shares in Vertoz Advertising. After the split, his initial 260 shares had transformed into 2,600 shares, and following the bonus issue, these had doubled to 5,200 shares.

As per the Quarterly Results, in the fourth quarter of FY24, Vertoz Ltd recorded a revenue of Rs 45.66 crore. The operating profit for Q4 FY24 stood at Rs 6.65 crore, resulting in an operating profit margin of 14.56 per cent. The net profit for Q4 FY24 was Rs 4.69 crore. Looking at the annual performance, the company generated a revenue of Rs 155 crore in FY24, compared to Rs 83 crore in FY23. The operating profit for FY24 was Rs 21 crore, with a net profit of Rs 16 crore.

Investors must keep this Small-Cap multibagger stock on their radar.

Disclaimer: The article is for informational purposes only and not investment advice.