{"id":121468,"date":"2024-03-30T12:00:00","date_gmt":"2024-03-30T06:30:00","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=121468"},"modified":"2024-03-28T16:43:45","modified_gmt":"2024-03-28T11:13:45","slug":"26-to-1310-multibagger-stock-turns-1-lakh-to-52-14-lakhs-in-3-years","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/26-to-1310-multibagger-stock-turns-1-lakh-to-52-14-lakhs-in-3-years\/","title":{"rendered":"\u20b9 26 to \u20b9 1,310: Multibagger stock turns \u20b9 1 Lakh to \u20b9 52.14 Lakhs in 3 years\u00a0"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-149590207\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>The domestic benchmark indices soared around 1.5 percent in the afternoon on March 28 on track to end the financial year 2023-24 positively. <\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2629839312\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p>The Nifty 50 closed the day\u2019s trading 203.20 points or 0.92 percent higher at 22,326.90. At the same time, Sensex ended 655.04 points higher to finish the session at 73,651.35.\u00a0<\/p><h3 class=\"wp-block-heading\" id=\"h-listed-below-is-a-small-cap-stock-that-has-delivered-multibagger-returns-of-around-5-000-percent-to-its-stakeholders-in-3-years\"><strong>Listed below is a small-cap stock that has delivered multibagger returns of around 5,000 percent to its stakeholders in 3 years:\u00a0<\/strong><\/h3><h4 class=\"wp-block-heading\"><strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/543230\/standalone?defaul=true\" target=\"_blank\" rel=\"noreferrer noopener\">Advait Infratech Ltd\u00a0<\/a><\/strong><\/h4><p>With a market capitalization of Rs. 1,366 crores, the shares of Advait Infratech started Thursday\u2019s trading session on a higher note at Rs. 1,374.90 compared to its previous close of Rs. 1,343.80. During the trading session, the shares hit a low of Rs. 1,300, making a loss of around 4 percent and closed the day at Rs. xx apiece.&nbsp;<\/p><p>In March 2021, the stock price was trading at Rs. 25 exhibiting a gain of around 5,000 percent compared to the current price. For example, if someone had invested Rs.1 lakh into the company\u2019s stock 3 years ago, it would have converted to approx Rs 52.14 lakhs now.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-841084377\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>Looking at the company\u2019s financial statements, the revenue increased by 48 percent from Rs. 48.95 crores during the September quater to Rs. 72.61 crores in the December quarter. In addition, the net profits zoomed by 40 percent from Rs. 5.50 crores to Rs. 7.70 crores during the same period.&nbsp;<\/p><p>Comparing these metrics on a YoY basis, the revenue magnified by 186 percent from Rs. 25.35 crores during Q3FY23 to Rs. 72.51 crores in Q3FY24. On the other hand, the net profits increased by 134 percent from Rs. 3.30 crores to Rs. 7.73 crores during the same timeframe.&nbsp;<\/p><p>Earlier, the company had received two orders for conversion of Overhead 11kV HT Line Network into Underground Cabling along with Equipment and Accessories on a turnkey basis worth Rs. 36.64 crores from Uttar Gujarat Vij Company Limited (UGVCL) a group company of GUVNL.&nbsp;<\/p><p>Moreover, the company recently announced a collaboration with Carbon Technology Energy (CTE). The primary focus of the collaboration is the development of a prototype fuel cell utilizing carbon-based plates, a departure from the conventional bimetallic or graphite plates.&nbsp;<\/p><p>Additionally, Advait Infratech has diversified its business portfolio by venturing into the IT\/IoT sector. The company secured a contract worth Rs. 2.89 crores to provide configuration, SCADA software licenses, deployment, integration, and maintenance services for remote monitoring systems under the PM-KUSUM scheme. This move signifies Advait Infratech&#8217;s foray into software development and the integration of solar pump devices and smart meters for real-time data monitoring and fault management.&nbsp;<\/p><p>As of February 2024, the company had an order book of Rs. 172.83 crores, out of which, they received 124.53 crores for EPC orders, 47.83 crores worth of orders were received for the manufacturing division and the remaining 47 lakhs worth of orders were received from the overseas and green hydrogen division.&nbsp;<\/p><div class=\"trade-content-10\" id=\"trade-1308602943\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_3_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"2969612066\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>Furthermore, Advait Infratech has been actively expanding its operations and product offerings, as seen in its collaboration to manufacture fuel cells and electrolyzers at the Vibrant Gujarat 2024 Summit.&nbsp;<\/p><p>Headquartered in Ahmedabad, Advait Infratech was incorporated in 2009. The company is engaged in the business of providing products and solutions for power transmission, power substation, and telecommunication infrastructure fields.<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written By Vaibhav Patil<\/strong><\/p><\/blockquote><h4 class=\"wp-block-heading\"><strong>Disclaimer<\/strong><\/h4><div class=\"wp-block-image\"><figure class=\"aligncenter size-medium\"><img decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer-300x300.png\" alt=\"\" class=\"wp-image-26306\"\/><\/figure><\/div><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.<\/strong><\/p><div class=\"trade-after-content\" id=\"trade-378465215\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>The domestic benchmark indices soared around 1.5 percent in the afternoon on March 28 on track to end the financial year 2023-24 positively. The Nifty 50 closed the day\u2019s trading 203.20 points or 0.92 percent higher at 22,326.90. At the same time, Sensex ended 655.04 points higher to finish the session at 73,651.35.\u00a0 Listed below [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":27535,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[1513,31],"tags":[10383,17456,10382,948,936,10384],"class_list":["post-121468","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-editor-pick","category-news","tag-advait-infratech-latest-news","tag-advait-infratech-returns","tag-advait-infratech-share-price","tag-stock-market","tag-stock-market-news","tag-why-is-advait-infratech-share-going-up"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>\u20b9 26 to \u20b9 1,310: Multibagger stock turns \u20b9 1 Lakh to \u20b9 52.14 Lakhs in 3 years\u00a0 - 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