The Shares Authum Investment & Infrastructure have delivered 11,115% in just four years, as the share price has risen from Rs 2.25 in November 2018 to the current level of Rs 252.35 on BSE.
If an investor would have invested Rs 1 lakh in the company in November 2018, the total value of their holdings would be Rs 1.13 Crore today.
The shares reached an all-time high of Rs 284 in September this year. At that point, the total value of Rs 1 lakh would have been 1.36 Crore as the shares logged a return of 13,510%.
Authum Investment & Infrastructure Ltd is a registered NBFC carrying on the business of investment in shares and securities and also financing activities.
In Q2FY23, the company reported a total revenue of Rs 311.53 crore, as against Rs 172.96 crore which they reported in the same period a year ago. In the previous quarter, their revenue stood at Rs 89.65 crore.
In the quarter under review, they reported a total net profit of Rs 256.83 Crore which increased from Rs 146.75 crores in Q2FY22. On a sequential basis, their profits stood at Rs 54.36 crore.
The company has a market capitalization of Rs 4,286 crores as on November 11th, 2022. The company also has zero debt on its balance sheet. The promoters of the company hold a 70.28 percent stake with zero shares pledged while the Foreign Institutional Investors (FIIs) hold 6.74 percent.
Written by Anoushka Roy
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