The inventory gave multibagger returns of 750 per cent returns on simply 1 yr whereas the BSE Sensex Index is up by 19.75 per cent.
On Thursday, one of many Prime Gainers on BSE, shares of Arunjyoti Bio Ventures Ltd jumped 5 per cent higher circuit to Rs 173.90 per share from its earlier closing of Rs 165.55. On the closing bell, shares of the corporate had been buying and selling at Rs 170 per share, up 2.63 per cent.
Arunjyoti Bio Ventures Restricted inform the Trade {that a} assembly of the Board of Administrators of the corporate is scheduled to be held on Saturday, June 17, 2023 at 03:00 p.m. on the Registered Workplace of the Firm located at Door No.1-98/1/JSIC/6F/604-B, 6″ Ground, Jain Sadhguru Capital Park, Beside Picture Gardens, Madhapur, Hyderabad — 500081, Telangana to contemplate the next:
1) To debate on the phrases of the rights subject together with the dimensions of the rights subject and variety of securities proposed to be issued.
2. Some other matter with the permission of the Chair.
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Arunjyoti Bio Ventures Ltd is within the enterprise of FMCG, drinks, fertilizers, and agri inputs. The shares of the corporate noticed a spurt in quantity by greater than 3.77 occasions on BSE.
The corporate has a market cap of Rs 36 crore with a 3-year CAGR of 171 per cent. Within the Quarterly Outcomes and annual outcomes, the agency reported optimistic numbers.
The inventory gave multibagger returns of 750 per cent returns on simply 1 yr whereas the BSE Sensex Index is up by 19.75 per cent. Traders ought to keep watch over this micro-cap inventory.
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