Debt-Free Multibagger Penny Stock Under Rs 85 Hit Back-To-Back Upper Circuits As Company Targeting USD 28.9 Billion Beauty And Personal Care Market
The stock gave multibagger returns of 300 per cent in 6 months and a whopping 2,795 per cent in 1 year.
On Tuesday, shares of Aayush Wellness Ltd gained 2 per cent upper circuit to Rs 83.93 per share from its previous closing of Rs 82.30. The stock also made a 52-week high is Rs 83.93 per share and its 52-week low is Rs 2.79 per share. The company executed a 10:1 stock split with an ex-date of August 05, 2024. In the recent trading sessions, the stock has been hitting back-to-back upper circuits.
Aayush Wellness Limited, a prominent player in the Indian nutraceuticals market, has recently introduced "Beauty Vitamins Gummies," a groundbreaking product designed to address the root causes of skin and hair problems. These gummies, formulated with essential vitamins and natural extracts, offer a comprehensive solution for individuals seeking to enhance their natural beauty. The company is targeting the USD 28.9 billion beauty and personal care market
The Indian beauty and personal care segment is witnessing a surge in demand, driven by increasing consumer awareness and a desire for effective self-care solutions. Aayush Wellness recognizes this growing trend and aims to provide holistic, long-term solutions beyond the surface-level effects of traditional cosmetics. The company understands that poor nutrition is often at the heart of skin and hair issues, and its gummies are designed to address these underlying deficiencies.
A study published in the Indian Journal of Clinical Biochemistry revealed that 74 per cent of the Indian population is deficient in Vitamin C, a vital nutrient for skin health. This deficiency, coupled with an inadequate intake of other essential nutrients, can lead to premature aging, dry skin and hair loss. Aayush Beauty Vitamins Gummies are formulated to provide a balanced supply of these essential nutrients, including Glutathione, Vitamin C, Sea Buckthorn Extract, Hyaluronic Acid, Biotin and Gotu Kola. These ingredients work synergistically to improve skin elasticity, hydration, hair growth and overall hair health.
The launch of Aayush Beauty Vitamins Gummies aligns with the evolving trends in the Indian beauty industry. As consumers become more discerning and focused on holistic well-being, they are increasingly seeking products that address both internal and external beauty needs. Aayush Wellness Limited continues to lead the way in offering innovative solutions that harness the power of science and nutrition to support overall health and beauty.
DSIJ’s ‘Micro Marvel' service recommends micro-cap stocks with the potential to grow multifold in long run. If this interests you, do download the service details here.
About Aayush Wellness Limited: (ISO 9000 and 22000 certified company)
Aayush Wellness Limited [BSE scrip code: 539528], established in 1989 is a pioneering name in health and wellness solutions, dedicated to offering products that merge wellbeing with innovation. With a steadfast commitment to quality and consumer well-being, Aayush Wellness continues to lead the industry in promoting healthier lifestyle choices through its diverse range of wellness products.
Aayush Wellness Limited has reported a phenomenal surge in its financial performance for the quarter ended June 30, 2024. The company witnessed a staggering 6,300 per cent year-on-year growth in revenue, reaching Rs 111 lakh compared to Rs 17.35 lakh in the same period last year. This remarkable growth was accompanied by an impressive 183.56 per cent increase in profit after tax, which stood at Rs 25.49 lakh, up from Rs 8.98 lakh in the corresponding quarter of the previous year. Earnings per share also soared by 184 per cent to Rs 0.79 from Rs 0.28. The company attributed this exceptional performance to the expansion of its product portfolio and strong market response across its healthcare and wellness segments.
The company has a market cap of Rs 272.35 crore and it is debt-free. The stock gave multibagger returns of 300 per cent in 6 months and a whopping 2,795 per cent in 1 year. Investors should keep an eye on this micro-cap stock.
Disclaimer: The article is for informational purposes only and not investment advice.