A penny stock below Rs 20 turns Rs 202.90 per share in less than 1 year: Hits consecutive 48 upper circuits; Do you have it?
The stock gave multibagger returns of over 1,100 per cent from its 52-week low of Rs 16.81 per share and a whopping 12,900 per cent in 3 years.
On Monday, shares of Aayush Wellness Ltd hit a 2 per cent upper circuit to Rs 202.90 per share from its previous closing of Rs 198.95 per share. The stock also made a new 52-week high is Rs 202.90 per share and its 52-week low is Rs 16.81 per share.
Aayush Wellness Limited [BSE scrip code: 539528], established in 1989, is a pioneering name in health and wellness solutions, dedicated to offering products that merge wellbeing with innovation. We are India’s integrated healthcare company committed to offering quality products and services to enhance the consumer well-being. Aayush Wellness continues to lead the industry in promoting healthier lifestyle choices through its diverse range of wellness products and services.
Aayush Wellness Limited is expanding into the diagnostic testing and teleconsultation segments. These new services, including home sample collection, were to be offered via a dedicated website and mobile app, aiming to make essential healthcare more accessible and affordable, particularly for families and working individuals. The company recognized the significant growth in India's diagnostics market, especially the increasing demand for doorstep healthcare solutions, and saw a strong opportunity to expand its presence nationwide.
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The company aimed to simplify the often-complex healthcare journey by offering a unified digital platform that combined home sample collection, lab reports, and doctor consultations. This streamlined approach was intended to save time and make quality healthcare more affordable and accessible for every household. By providing easy access to preventive checkups and medical advice, Aayush Wellness sought to empower individuals to proactively manage their health, fitting seamlessly into various lifestyles and needs.
The company has a market cap of Rs 987.55 crore. The stock gave multibagger returns of over 1,100 per cent from its 52-week low of Rs 16.81 per share and a whopping 12,900 per cent in 3 years.
Disclaimer: The article is for informational purposes only and not investment advice.