A share of 2.57 rupees became 1600 rupees, the person who invested 20 thousand rupees in 5 years also became a millionaire.

New Delhi. Every investor who invests in the stock market is looking for multi-bagger stocks. After all, why is it not known who does not want his money to double during the day and quadruple during the night? If you are also looking for multi-bagger shares, you should bet on Othum Investments and Infrastructure shares. The price of this share was only Rs 2.57 five years ago which has now increased to Rs 1600. Thus, in the last five years, the shares of the non-banking financial company have given a profit of more than 65 thousand percent.

Atham Investment and Infrastructure has a market cap of over Rs 28,400 crore, according to BSE data. In the last 6 months, this share has doubled the investors’ money and during this period, this multi-beagger share has given 101% profit. Otham Investment’s share price has increased by 121% in the last one year and is set to increase by 67% in the year 2024. The promoters’ stake in the company stood at 74.95 per cent at the end of September 2024, indicating a strong holding.

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The one who invested 20 thousand rupees became a millionaire.
5 years ago on November 1, 2019, the stock price was just Rs 2.57. On November 1, 2024, Atham Investment shares closed at Rs 1,676.45. If someone had invested 10,000 rupees in this share 5 years ago and remained invested till now, today his investment has become 65 lakh rupees. Similarly, an investment of Rs 20,000 five years ago has now become Rs 1 crore and an investment of Rs 50,000 has become over Rs 3 crore.

Financial position of the company
The company’s revenue from total operations fell 49% to Rs 1,092.65 crore in the July-September 2024 quarter. A year ago it was Rs 2,151.75 crore. Similarly, net gross profit also declined by 56 per cent to Rs 842.77 crore, from Rs 1,939.81 crore last year. Expenditure rose to Rs 157.24 crore from Rs 107.79 crore a year ago.

In the April-September 2024 half, the company’s total revenue from operations stood at Rs 2,509.59 crore, an increase on a year-on-year basis. However, net gross profit stood at Rs 1,939.41 crore, as against Rs 2,146.35 crore in the same period last year.

(Disclaimer: The information given here is based on share performance. As investing in stock market is subject to market risk, please consult a certified investment advisor before investing. News 18 Hindi becomes responsible for any damages you incur.)

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