Mumbai: Investors in the stock market may find this news particularly advantageous. Observing stocks that have transformed investors into millionaires in a short span can be highly rewarding. Penny stocks are typically associated with high risk and high reward, but today we highlight a penny stock that has delivered an astonishing 62,000% return. This phenomenal performance turned an investment of ₹1 lakh into ₹6 crore within a year.
The stock in question has been in a continuous up-circuit for 135 trading sessions since 3 April, and remarkably, no investor seems willing to sell it. Let’s delve into which stock this is and explore the operations of the company behind it.
You may have recently heard about Sri Adhikari Brothers’ stock, which has been on an unbroken upward trend for 135 trading days. Over the past year, the stock has yielded returns exceeding 62,000%, making nearly every investor a millionaire. The relentless up-circuit status has made selling the stock an unattractive option for holders. Focusing on the past six months, the stock has provided investors with a return of 1,650%.
Sri Adhikari Brothers Television Network Private Limited is a Mumbai-based television network company. Established in the 1990s, the company has produced TV serials for prominent channels such as Doordarshan and Star Plus. Additionally, in 1999, the company launched its own comedy channel, SAB TV.
Since 3 April, Sri Adhikari Brothers’ stock has been in an unbroken up-circuit for 135 days, rising from ₹45 to ₹986. Market experts predict that this multi-bagger stock could soon reach the ₹1,000 mark. Notably, within just one month, the company’s shares surged from ₹664 to ₹986, showcasing its remarkable growth trajectory.
Investors are closely monitoring this stock, anticipating further gains as the company continues to expand its footprint in the television industry.
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