Multibagger Shares: A company from the television industry, Shri Adhikari Brothers, has created a stir in the stock market these days. This stock has made its investors millionaires with just a few thousand rupees in the last one year. However, this is a small cap stock. Experts say that investing in such small stocks is quite risky. Their market value is so low, so it is easy for big investors to push these stocks up or down. In such a situation, it is advisable to invest in these stocks with caution.
Talking about Shri Adhikari Brothers, its shares are continuously hitting upper circuit. In view of this, the exchanges have reduced its circuit limit to 2%. That means now this stock cannot rise or fall by more than 2% in a day. Despite this, the trend of upper circuit in this stock is not stopping.
Shares of Adhikari Brothers jumped 2% to close at Rs 690.95 on NSE on Friday, September 13. The company’s shares have gained about 51% in the last one month. Since the beginning of this year, it has given a bumper multibagger return of about 23,725.86% to its investors.
This means that if an investor had invested Rs 1 lakh in Shri Adhikari Brothers shares at the beginning of this year and had not sold that investment till date, then today the value of his Rs 1 lakh would have increased by about 23,725.86 percent to Rs 2.3 crore.
If we talk about the last one year, then Shri Adhikari Brothers has given a whopping return of about 53,050 percent to the investors during this period. This means that if an investor had invested Rs 1 lakh in this stock a year ago and had not sold that investment till date, then today the value of his Rs 1 lakh would have increased to about Rs 5.3 crore.
On the other hand, if the investor had invested even just Rs 20,000 a year ago, today the value of his money would have increased by 53,050 per cent to about Rs 1.06 crore and that person would have become a millionaire.
About the Company
Shri Adhikari Brothers Television Network Private Limited is an Indian television network company headquartered in Mumbai. In the 90s, Shri Adhikari Brothers started producing TV serials from Doordarshan, Star Plus and other television channels. In 1999, they started their own Hindi comedy channel named Sab TV. But, after 6 years, it was sold to Sony Pictures Network India. And, after 5 years, the company launched its second channel ‘Masti’ as a Hindi music and satire channel. However, it was later changed to a Hindi music channel.
In 2013, he launched another channel named ‘Dabangg’ for Bihar, Jharkhand, Uttar Pradesh, Uttarakhand as a Hindi entertainment channel. However it was completely changed as a Bhojpuri movie channel in 2016. In 2022 he launched another channel named Maiboli as a Marathi entertainment channel but later changed it to a music channel.
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