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Multibagger Stock Returns: There are some penny stocks in the stock market which have given amazing returns to the investors. One such stock also belongs to Aurionpro Solutions Ltd. This stock has given multibagger returns of over 1,500% in a span of just three years. The share price was Rs 710 on BSE on Thursday.
The share was Rs 44.55 in 2020
The scrip had closed at Rs 44.55 on May 22, 2020. May 25, 2023 i.e. today it reached Rs 730 during trading. An amount of Rs 1 lakh invested in these stocks three years ago would have turned into Rs 16.38 lakh today.
whose share how much
Seven promoters held 33 per cent stake in the firm for the quarter ending March 2023 and 13,099 public shareholders held 67 per cent. Of these, 12,234 public shareholders held 37.24 lakh shares or 16.34%. Only 54 shareholders with 17.14% share capital exceed Rs 2 lakh in the quarter ended March.
financial performance
For the March 2023 quarter, Orionpro Solutions Ltd. posted a profit of Rs 25.08 Crore as against Rs 18.97 Crore in the corresponding quarter of previous fiscal. Sales grew by 38.69% to Rs 190.66 crore in the March 2023 quarter, as against Rs 137.47 crore in the March 2022 quarter.
Sales grew by 30.56% to Rs 659.33 crore in the last financial year. Net profit increased by 37.72% to Rs 97.33 crore in the financial year. Explain that Orionpro Solutions Limited is an IT-related company that caters to the needs of the banking, mobility, etc. sector.
Disclaimer: Here only the information about the performance of the stock is given, it is not an investment advice. Investment in share market is subject to risk and you should consult your advisor before investing.
