ARC Finance Share Price | Money tripled in just 6 months, bullish current running in shares – Hindi News
ARC Finance Share Price | The stock market is currently at its peak. Many of these stocks are giving tremendous returns to investors. Many of these stocks are such that have doubled or tripled their investments in a short period. Some of these penny stocks are also giving big profits to investors. These are penny stocks whose price is less than Rs 5. One such penny stock keeps giving profits to investors. These stocks have made investors rich in the short term. (ARC Finance Limited Company Excerpt)
The current price of ARC Finance Limited share is Rs 3.06. For the past several days, the stock has been trading at a 5% yield. On Thursday it also increased by 4.79 percent. The increase occurred within the first two hours. This small stock has invested money on investors.
More than 100% returns
Shares of ARC Finance Limited have doubled investors' money in just one month. The stock's return in one month was 122 percent. A month ago this share was trading at Rs 1.38. If you had invested Rs 1 lakh in it a month ago, it would have been Rs 2.22 lakh today. This means that you would have made a profit of Rs 1.22 lakh on an investment of Rs 1 lakh in a month.
Money tripled in 6 months
Investment in these shares has tripled in six months. This is a return of more than 250 percent. Six months ago, the share price was just 87p. In these six months we have given returns of about 252 percent. If one had invested Rs 1 lakh six months ago, it would have been worth Rs 3.52 lakh today. That means the investor would have made a profit of Rs 2.52 lakh.
at 52 week high
The stock is currently at a high of 52 weeks. The share reached all time high of Rs 6. It reached an all-time high in February 2022. After that its price had declined. However, it has regained momentum since the beginning of last month and continues to do so. The company belongs to the non-banking finance sector. It provides credit, investment, trade etc. The market cap of the company is Rs 154.51 crore. For the quarter ending March 2024, the company had revenue of ₹7.82 crore and profit of ₹7 crore. On December 23, the revenue was only Rs 55 lakh and the company had a loss of Rs 9 crore.
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