{"id":81527,"date":"2023-01-05T16:00:00","date_gmt":"2023-01-05T10:30:00","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=81527"},"modified":"2023-01-05T15:54:26","modified_gmt":"2023-01-05T10:24:26","slug":"shankar-sharma-stock-hits-upper-circuit-of-5-for-10-days-in-a-row-delivers-54-returns","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/shankar-sharma-stock-hits-upper-circuit-of-5-for-10-days-in-a-row-delivers-54-returns\/","title":{"rendered":"Shankar Sharma stock hits upper circuit of 5% for 10 days in a row; Delivers 54% returns"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3823657951\"><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 shares of <a href=\"https:\/\/portal.tradebrains.in\/stock\/543713\/standalone\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Droneacharya Aerial Innovations<\/strong><\/a>, a company that had a dream debut on the D-Street have gained 5% to hit the upper circuit for the 10th day in a row. Its shares were locked at \u20b9 165.95 apiece on the Bombay Stock Exchange (BSE).\u00a0<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-159789834\"><!-- 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 SME company got listed on the BSE SME exchange at \u20b9 102 apiece, indicating a premium of 88% to 97% against its issue price of \u20b9 52 to \u20b9 54 per share. Since its listing, the company\u2019s shares have gained 54.95%.&nbsp;<\/p><p>The company\u2019s shares have given multibagger returns of more than 207.32% to its IPO investors, assuming that they continue to hold its shares. If an investor would have invested \u20b9 1 lakh in the company\u2019s shares at the time of the IPO, the value of their holdings would have been \u20b9 3.07 lakhs today!&nbsp;<\/p><p>Ace investor Shankar Sharma holds 4570 preference shares of the company or a 9.28% stake according to its red herring prospectus (RHP). Meanwhile, actors like Aamir Khan and Ranbir Kapoor have also invested in the company through optimally convertible cumulative preference shares. Aamir Khan has 466 shares, while Ranbir Kapoor has 372 shares of the company.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-1707009460\"><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>Droneacharya Aerial Innovations is a defence sector company. It is a drone solution company which is expected to benefit from contactless sales that the government of India is mulling to implement in online retail platforms. It is a small cap company with a market capitalization of \u20b9 379 crores.&nbsp;<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by Simran Bafna\u00a0<\/strong><\/p><\/blockquote><p><strong>Disclaimer<\/strong><\/p><div class=\"wp-block-image\"><figure class=\"aligncenter size-full is-resized\"><img decoding=\"async\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer.png\" alt=\"\" class=\"wp-image-26306\" width=\"256\" height=\"256\"\/><\/figure><\/div><p><strong>The content in this news article is not investment advice. 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-3030537448\"><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 shares of Droneacharya Aerial Innovations, a company that had a dream debut on the D-Street have gained 5% to hit the upper circuit for the 10th day in a row. Its shares were locked at \u20b9 165.95 apiece on the Bombay Stock Exchange (BSE).\u00a0 The SME company got listed on the BSE SME exchange [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":24849,"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":[31,1789],"tags":[5390,2660,2843,5418,5420,948,936,3153,3157,2597,4787],"class_list":["post-81527","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-5-up","tag-multibagger-stock","tag-multibagger-stocks-india","tag-shankar-sharma-stock","tag-sme-company","tag-stock-market","tag-stock-market-news","tag-stock-to-buy","tag-stock-to-watch","tag-stocks-to-watch","tag-upper-circuit-stocks"],"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>Shankar Sharma stock hits upper circuit of 5% for 10 days in a row; Delivers 54% returns - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"The SME company got listed on the BSE SME exchange at \u20b9 102 apiece, indicating a premium of 88% to 97% against its issue price of \u20b9 52 to \u20b9 54 per share. 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