New Delhi: The state of affairs within the inventory market is tousled as of late. Many traders are struggling enormous losses. On the identical time, there’s a penny inventory which is a rocket. This inventory has given an enormous return to the traders within the final 6 months. In these 6 months, it has greater than doubled the quantity of the traders. Proper now the value of this inventory is lower than 8 rupees. It’s nonetheless giving good returns to the traders. The identify of the inventory we’re speaking about is Bits Ltd. The worth of this inventory is at the moment Rs 7.33. In 6 months, this inventory has given 159 p.c return. When you had purchased shares of 1 lakh rupees of this firm 6 months in the past, then in the present day their worth would have been Rs 2.59 lakh. That’s, you’ll have gotten a revenue of Rs 1.59 lakh.
Greater than 300 p.c return this yr
This yr, from January 1 until now, this inventory has given bumper returns to traders. This yr, in these 8 months, this inventory has given 321 p.c return. It has given virtually double the return in 8 months because it has given within the final 6 months. When you had purchased shares of 1 lakh rupees of this firm on January 1, then your funding would have elevated to Rs 4.21 lakh. In such a state of affairs, you’ll have gotten a revenue of Rs 3.21 lakh. Stuffed the coffers in a single yr
One inventory has crammed the coffers of traders in a single yr. One yr in the past, the value of 1 share was solely 31 paise. Until now it has elevated by about 2265 p.c. That’s, in a single yr it has given 2265 p.c return. When you had invested one lakh rupees in it a yr in the past, then that quantity would have elevated to Rs 23.65 lakh in the present day. That’s, you’ll have gotten a revenue of Rs 22.65 lakh in a single yr.
What does the corporate do?
This firm offers varied varieties of training companies in India and overseas. It contains fields like arts, commerce, science, pc software program, enterprise administration and so on. The corporate’s companies are offered in facilities, institutes, schools, universities and so on. These embrace distance studying packages. The corporate additionally offers company administration coaching. The corporate’s market cap is Rs 82 crore.