Do you know about this nano-cap stock that skyrocketed over 2,100 per cent in last one year?!
The stock has delivered astonishing returns of approximately 2,178 per cent in the last one year.
After a fabulous run in the year 2020, the Indian benchmark indices have continued its upmove in the calendar year 2021 as well with Nifty being up by 12.74 per cent on a YTD basis.
If the returns of over 12 per cent don’t excite you, the returns delivered by the broader markets would certainly leave you spellbound as Nifty Mid-cap and Small-cap are up by 32.30 per cent and 42.97 per cent, respectively on a YTD basis.
If one digs deeper, there are many stocks that gained over 100 per cent or maybe 200 per cent or even 500 per cent in the last one year but the stock, which we are discussing today, is not up by a mere 100 or 200 or a 500 per cent but over 2,000 per cent in the last one year.
That means a lumpsum amount of Rs 1,00,000 would turn into well over Rs 20,00,000 in just a span of one year. This is not a flashy or a very well-known stock. It belongs to the category of nano-cap.
The name of this super performing stock is Ashiana Agro Industries. The book value of the stock is Rs 5.17 while its current market price is Rs 8.42. The 52-week high of the stock stands at Rs 12.60 while its 52-week low is Rs 0.26.
The stock has delivered astonishing returns of approximately 2,178 per cent in the last one year.