The 52-week high of Avro India stock is Rs 136.95 and its 52-week low is Rs 74.65.
Public Avro India shares were listed at a price of Rs 52 in July 2018.
Since its listing, till now this stock has been giving profits to its investors.
New Delhi. The IPO of Avro India Limited is one of the issues that have given excellent returns to the investors. It has given 150% returns to long term investors since its listing on the NSE SME exchange in 2018. The public issue of the company was brought in the name of Avon Moldplast Limited. Later the name of the company was changed to Avro India Limited. Public Avro India shares were listed at a price of Rs 52 in July 2018.
Avro India stock opened at Rs 52 per share on NSE SME exchange in July 2018 and closed at 51.65 on the day of listing. It once went up to Rs 49.50 on listing day. However, Avro India did not make any bang entry in the stock market. But, since its listing, till now this stock has been giving profits to its investors. This stock has reached a record high of Rs 136.95. Since the listing, the stock has increased investors’ money by more than 2.50 times.
Also read- Explainer: Why is investing in Treasury bills more beneficial than FD? Know everything about T-Bills that give great returns in the short term
450% return given in 3 years
In May 2019, this stock fell by almost 50 percent from its listing price to a level of Rs 25.80. If an investor had invested in this stock in May 2019, then now he is getting 450 percent return from this stock. In the year 2022, the stock of Avro India has given about 70 percent return to the investors. Similarly, in the last six months, this stock has given 31.55 percent profit to investors. In a month, this stock has climbed two and a half percent. The 52-week high of Avro India stock is Rs 136.95 and its 52-week low is Rs 74.65. Presently the market capitalization of the company is Rs 121.30 crores.
More than doubled money in 4 years
If an investor had invested Rs 1 lakh in Avro India shares four years ago and maintained his investment, then today his investment has taken the form of Rs 232,115. Similarly, if an investor had invested Rs 1 lakh in this stock three years ago, then today he is getting Rs 467,829 of Rs 1 lakh. Avro India stock was priced at Rs 25.80 three years ago, which is now Rs 120.70.
(Disclaimer: The stocks mentioned here are based on the advice of brokerage houses. If you wish to invest in any of these, please consult a Certified Investment Advisor first. News18 is not responsible for any profit or loss caused by you. Will happen.)
Tags: business news in hindi, Money Making Tips, Multibagger stock, stock market, Stock tips
FIRST PUBLISHED : October 28, 2022, 14:00 IST