Multibagger Stock: Rs 2.57 shared Rs 1600, a millionaire who put 20 thousand in 5 years became a millionaire

New Delhi. Every investor who invests money in the stock market is in search of multibagger stock. Why not find, who does not want his money to increase day by day. If you are also looking for a multibagger share, then you should bet on the share of Author Investment and Infrastructure. The price of this stock was only 2.57 rupees five years ago, which has now increased to 1600 rupees. In this way, in the last five years, non-banking financial company shares have given more than 65,000 percent profit.

According to BSE data, the market cap of Autham Investment and Infrastructure is more than Rs 28,400 crore. In the last 6 months, this stock has doubled investors’ money and during this period this multibagger share has given 101 percent returns. In the last one year, the price of the Autham Investment Share has gained 121 percent, and in the year 2024 it has gained 67 percent. By the end of September 2024, the promoters’ stake in the company was 74.95%, reflecting a strong holding.

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Millionaire becomes 20 thousand
5 years ago, on 1 November 2019, the price of this stock was only Rs 2.57. On 1 November 2024, the Autham Investment stock closed at Rs 1,676.45. If someone had invested Rs 10,000 in this stock 5 years ago and has been invested till now, then today his investment has taken a power of Rs 65 lakh. Similarly, five years ago, an investment of Rs 20,000 has now been Rs 1 crore and an investment of Rs 50,000 has been more than Rs 3 crore.

Company’s economic status

The company’s consolidated operations revenue declined by 49% in the July-September 2024 quarter, which stood at Rs 1,092.65 crore. A year ago it was Rs 2,151.75 crore. Similarly, pure consolidated profits also declined by 56% to Rs 842.77 crore, compared to Rs 1,939.81 crore last year. The expenditure increased to Rs 157.24 crore, which was Rs 107.79 crore a year ago.

In the half of April-September 2024, the consolidated revenue from the company’s operations stood at Rs 2,509.59 crore, which has increased on an annual basis. However, pure consolidated profits increased to Rs 1,939.41 crore, which was Rs 2,146.35 crore in the same period last year.