Ashish Kacholia’s portfolio multibagger stock with 10,000 per cent returns; Board announces 10:1 stock split for the first-time ever
The stock gave multibagger returns of 180 per cent in just 1 year, 630 per cent in 3 years and a whopping 10,000 per cent in 5 years.
Aditya Vision Ltd informed that a meeting of the Board of Directors of the company announced a stock split of equity shares in the ratio 10:1 for the first-time ever i.e., sub-division/ split of 1 equity share of face value of Rs 10 each, fully paid up into 10 equity shares of face value of Re 1 each, fully paid up. The record date for the stock split is yet to be announced.
Founded in 1999, Aditya Vision Ltd is a Bihar-born, service-driven electronics retailer offering a massive selection of consumer durables – from mobile phones and laptops to televisions and refrigerators. To achieve 20-25 per cent revenue growth each year for the next 3-5 years, they are expanding eastward from Central Uttar Pradesh towards neighbouring states in the "Hindi Heartland" using a "Creeping Cluster Approach." This strategy involves establishing a strong presence in one region before moving to the next.
The company has a market cap of over Rs 5,800 crore and an ace investor, Ashish Kacholia owns a 1.87 per cent stake in the company. The company's shares have an ROE of 25 per cent and an ROCE of 22 per cent. The stock's 52-week high is Rs 4,800 and its 52-week low is Rs 1,615.
Also Read: 3:1 Bonus Share: Suzlon’s peer company turns debt-free with infusion of Rs 900 crore by promoter; details inside
Today, shares of Aditya Vision Ltd gained 3.65 per cent to an intraday high of Rs 4,740 per share from its previous closing of Rs 4,572.95. The stock gave multibagger returns of 180 per cent in just 1 year, 630 per cent in 3 years and a whopping 10,000 per cent in 5 years. Investors should keep an eye on this Small-Cap stock.
Disclaimer: The article is for informational purposes only and not investment advice.
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