Multibagger penny stock: ATV Projects India shares are one of the multibagger stocks the Indian stock market has delivered in recent years. This LIC-owned multibagger penny stock has delivered around 110 per cent YTD return to its positional investors. However, this small-cap stock has a history of providing a stellar return to its investors. Once a penny stock, this scrip has risen from around ₹4 to ₹32.50 apiece in the last five years, delivering over 700 per cent return to the long-term positional investors.
In one month, this multibagger penny stock has remained in the base-building mode, losing around 10 per cent. However, this multibagger stock has risen from ₹23.90 to ₹32.50 apiece in the last six months, recording around 35 per cent rise. In YTD time, this multibagger small-cap stock has surged from 15.25 to ₹32.50 apiece, logging more than a 110 per cent rise. In one year, this multibagger penny stock has shot up from ₹14.60 to ₹32.50 per share, delivering a nearly 125 per cent return. Likewise, in the last five years, ATV Projects India's share price has risen from ₹4 to ₹32.50, delivering more than 700 per cent returns to its shareholders.
Taking a cue from ATV Projects India's share price history, if an investor had invested ₹1 lakh in this multibagger stock one month ago, its ₹1 lakh would have turned to ₹90,000 today. If the investor had invested ₹1 lakh in this multibagger stock six months ago, its ₹1 lakh would have turned to ₹1.35 lakh today. Likewise, if an investor had invested ₹1 lakh in this multibagger stock at the end of 2023, the absolute value of one's ₹1 lakh would have become ₹2.10 lakh today.
Similarly, if an investor had invested ₹1 lakh in this LIC-owned multibagger penny stock five years ago, the absolute value of one's ₹1 lakh would have turned to ₹8 lakh today.
This multibagger stock is available for trade on BSE only. This BSE-listed multibagger penny stock ended on Thursday with a market cap of ₹172 crore, and its trade volume on Thursday was 21,636. So, it is a low-float stock and can move on either side on a single trigger. Its 52-week high is ₹41.50 apiece, whereas its 52-week low is ₹13.63 per share.
According to ATV Projects India Ltd's shareholding pattern for the July to September 2024 quarter, LIC owns 9,95,241 company shares, 1.87 per cent of the company's total paid-up capital.
Disclaimer: The views and recommendations above are those of individual analysts, experts and broking companies, not of Mint. We advise investors to check with certified experts before making any investment decision.
