Multibagger penny inventory: ATV Initiatives India shares are one of many multibagger shares the Indian inventory market has delivered lately. This LIC-owned multibagger penny inventory has delivered round 110 per cent YTD return to its positional traders. Nevertheless, this small-cap inventory has a historical past of offering a stellar return to its traders. As soon as a penny inventory, this scrip has risen from round ₹4 to ₹32.50 apiece within the final 5 years, delivering over 700 per cent return to the long-term positional traders.
ATV Initiatives India share worth historical past
In a single month, this multibagger penny inventory has remained within the base-building mode, dropping round 10 per cent. Nevertheless, this multibagger inventory has risen from ₹23.90 to ₹32.50 apiece within the final six months, recording round 35 per cent rise. In YTD time, this multibagger small-cap inventory has surged from 15.25 to ₹32.50 apiece, logging greater than a 110 per cent rise. In a single 12 months, this multibagger penny inventory has shot up from ₹14.60 to ₹32.50 per share, delivering a virtually 125 per cent return. Likewise, within the final 5 years, ATV Initiatives India’s share worth has risen from ₹4 to ₹32.50, delivering greater than 700 per cent returns to its shareholders.
Affect on traders’ cash
Taking a cue from ATV Initiatives India’s share worth historical past, if an investor had invested ₹1 lakh on this multibagger inventory one month in the past, its ₹1 lakh would have turned to ₹90,000 in the present day. If the investor had invested ₹1 lakh on this multibagger inventory six months in the past, its ₹1 lakh would have turned to ₹1.35 lakh in the present day. Likewise, if an investor had invested ₹1 lakh on this multibagger inventory on the finish of 2023, absolutely the worth of 1’s ₹1 lakh would have turn into ₹2.10 lakh in the present day.
Equally, if an investor had invested ₹1 lakh on this LIC-owned multibagger penny inventory 5 years in the past, absolutely the worth of 1’s ₹1 lakh would have turned to ₹8 lakh in the present day.
This multibagger inventory is obtainable for commerce on BSE solely. This BSE-listed multibagger penny inventory ended on Thursday with a market cap of ₹172 crore, and its commerce quantity on Thursday was 21,636. So, it’s a low-float inventory and may transfer on both facet on a single set off. Its 52-week excessive is ₹41.50 apiece, whereas its 52-week low is ₹13.63 per share.
LIC shareholding in ATV Initiatives India
In accordance with ATV Initiatives India Ltd’s shareholding sample for the July to September 2024 quarter, LIC owns 9,95,241 firm shares, 1.87 per cent of the corporate’s whole paid-up capital.
Disclaimer: The views and suggestions above are these of particular person analysts, specialists and broking corporations, not of Mint. We advise traders to verify with licensed specialists earlier than making any funding determination.
