DSIJ Mindshare

200 per cent returns in just 6 months: Multibagger penny stock hits upper circuit as it's set to trade ex-split tomorrow, do you own it?

The stock gave multibagger returns of 183 per cent in just 3 months, up 200 per cent in 6 months and over 500 per cent in 3 years.

Kiran Shroff 1 10784 Article rating: 3.9

The firm has a market cap of Rs 40.71 crore with a 5-year CAGR of 25 per cent. The company reported positive numbers in its quarterly results and annual results.

In an interaction with Prateek Jain, CFO, Nippon Life India Asset Management (NAM India)

NAM India remains focussed on its digital infrastructure with our platform being a partner of choice to customers, distributors and financial technology partners alike

Bhavya Rathod 0 603 Article rating: 4.2

For Nippon Life India Asset Management (NAM India), higher growth in net profit was driven by higher other income owing to increase in value of equity investments driven by equity market performance and the downward movement of rates

Watch out for these penny stocks locked in the upper circuit on August 10

The market embarked on the trading session with a sense of caution, evidenced by the Sensex and Nifty starting with declines of 0.27 per cent and 0.24 per cent, respectively.

Vaishnavi Chauhan 0 1037 Article rating: 4.2

The broader market sentiment appeared upbeat, with approximately 1165 advancing stocks in contrast to 658 declining stocks. This equilibrium reflects an overarching optimistic outlook in the broader market landscape.

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