The Shares of Aditya Vision Limited have delivered 9,671% in just six years, as the share price has risen from Rs 15.3 in December 2016 to the current level of Rs 1,495 on the BSE.
Aditya Vision Limited is a dynamic, fastest-growing, and service-oriented electronic Retail Chain in Bihar. The company is a group of multi-brand stores dealing in consumer durables of all kinds. It is the first & only consumer electronic retail company to be listed on the Bombay stock exchange (BSE).
If an investor would have invested Rs 1 lakh in the company in November 2009, the total value of their holdings would be Rs 97.71 Lakhs today.
The shares reached an all-time high of Rs 1,845 in October this year. At that point, the total value of Rs 1 lakh would have been 1.10 Crore as the shares logged a return of 10,963%.
Aditya Vision Limited has Global brands in their Bouquet of more than 10,000 Products ranging from Digital Gadgets like Mobile Phones, Laptops, and Tablets to Entertainment Solutions and Home Appliances.
In Q2FY23, the company reported a total revenue jumped 43 percent to Rs 259.6 crore from Rs 182.09 crore in the same period a year ago. In the previous quarter, their revenue stood at Rs 438.51 crore.
In the quarter under review, they reported a total net profit of Rs 11.35 Crore which increased 56 percent from Rs 7.28 crore in Q2FY22. On a sequential basis, their earnings declined from Rs 26.73 crore.
The company has a market capitalization of Rs 1,812 crores and a dividend yield of 0.40%. The company’s promoters hold a 69.88 percent stake with zero shares pledged.
Written by Anoushka Roy
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