Multibagger Penny Stock Generates 6500% Return on ₹1 Lakh Investment in Five Years

Authum Investment & Infrastructure: A Multibagger Stock Story

Company Overview

Authum Investment & Infrastructure Limited is a non-banking financial company (NBFC) engaged in fund-based activities such as investment in shares, securities, mutual funds, and providing loans and advances. The company invests in publicly listed and unlisted companies, private equity investments, real estate assets, and debt instruments.

Stock Price Journey

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Over the last six years, Authum Investment & Infrastructure stock has surged from ₹6.60 apiece to the current trading price of ₹430 apiece, resulting in a massive gain of around 6,400%. The stock has delivered positive returns in each of the last five years, with 2023 emerging as the standout year with a gain of 338%, followed by an impressive 884% surge in 2021.

Financial Performance

For the quarter ended December, the company reported a consolidated net profit of ₹168 crore, down from ₹545 crore in the year-ago quarter. On a sequential basis, profit declined compared with ₹765 crore reported in the September quarter. The NBFC company reported consolidated revenue from operations of ₹446 crore, down from ₹618 crore in the year-ago period.

Investment Impact

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An investor who had invested ₹1 lakh in Authum Investment & Infrastructure stock in March 2021 and held onto it would have seen the investment grow to around ₹65,00,000, highlighting the wealth-creating potential of the stock market when the right counters are chosen.