Multibagger Stock: Authum Investment & Infrastructure Ltd
Authum Investment & Infrastructure Ltd
The shares of Authum Investment & Infrastructure (Authum Investment & Infrastructure), a leading NBFC (Non-Banking Financial Company), experienced a slight increase in value today, supported by a positive market sentiment.
However, the true significance of these shares lies in their remarkable performance over the span of four years, transforming investors into millionaires with a mere investment of Rs 48,000.
The share price reached a new all-time high, although there was a minor slowdown due to profit-booking, but the shares managed to remain in the positive territory.
The initial investment of just Rs 48,000 in Authum Investment & Infrastructure shares, which were valued at one and a half rupees per share, has yielded impressive returns.
Over the course of four years, the share price skyrocketed to Rs 325, making a substantial increase in value. Notably, the shares closed at Rs 325 (Authum Share Price) on the Bombay Stock Exchange (BSE) with a modest gain of 0.12 percent.
This extraordinary growth in share value showcases the remarkable performance of Authum Investment & Infrastructure in the market, attracting investor attention and generating substantial wealth for those who took advantage of the opportunity.
Investor Became a Millionaire on an Investment of 48 Thousand
An investor’s capital of Rs 48,000 has witnessed an extraordinary transformation, turning them into a millionaire within a span of four years.
The shares of Autumn Investment & Infrastructure (Authum Investment & Infrastructure) were initially priced at just Rs 1.55 on March 18, 2019.
However, as of now, the share price has surged to Rs 325. This remarkable increase represents a staggering growth rate of 20,868 percent.
The investment in Autumn shares has proven to be highly lucrative, not only in the long term but also within shorter time frames.
For instance, on June 20, 2022, the share price had reached a one-year low of Rs 134. However, in less than a year, it soared by 147 percent, reaching a new record high of Rs 331 on June 13, 2023.
These fluctuations in the share price demonstrate the potential for substantial returns and the dynamic nature of the market.
Investors who capitalized on the opportunity to invest in Autumn shares have witnessed exponential growth in their investment, achieving remarkable wealth generation and becoming millionaires in the process.
Company Details
Autumn Investment & Infrastructure (Autumn) is a Non-Banking Financial Company (NBFC) primarily engaged in the business of investing in shares and securities.
The company’s operations can be traced back to 1982 when it commenced its business activities.
Over the years, Autumn has established itself as a key player in the financial industry, focusing on investments and infrastructure development.
One significant milestone in Autumn’s journey was the acquisition of Reliance Commercial Finance as part of a debt resolution plan.
Reliance Commercial Finance, previously a separate entity, is now a wholly owned subsidiary of Autumn. This acquisition further strengthened Autumn’s position in the market and expanded its portfolio of investments.
As an NBFC, Autumn operates within the framework of financial regulations and plays a crucial role in providing financial services, investment opportunities, and support for various businesses and projects.
The company’s dedication to investing in shares and securities underscores its commitment to capital growth and wealth creation for its investors.
While specific details about Autumn Investment & Infrastructure may be found on the company’s official website, the provided information outlines its core business activities, establishment in 1982, and the significant acquisition of Reliance Commercial Finance as a subsidiary.
Autumn Investment & Infrastructure’s financial performance experienced some fluctuations in recent quarters. In the December 2022 quarter, the company recorded a net profit of Rs 63.29 crore, indicating a positive outcome.
However, the following quarter, from January to March 2023, witnessed a net loss of Rs 134.28 crore, presenting a challenging period for the company.
Comparatively, in the March 2022 quarter, Autumn had achieved a net profit of Rs 103.77 crore, indicating a more favorable financial position during that period.
These variations in net profit highlight the inherent volatility and uncertainties associated with the financial sector, including factors such as market conditions, investments, and economic trends, which can influence a company’s performance.
Regarding the ownership structure of Autumn Investment & Infrastructure, the promoters hold a significant stake in the company, amounting to 71.47 percent.
This indicates a strong involvement and interest of the founders or major shareholders in the company’s operations and direction.
Foreign investors also have a stake in Autumn, owning 7.01 percent of the company. This suggests that the company attracts interest and investment from international sources, potentially reflecting confidence in Autumn’s prospects and market potential.
It is important to consider these financial figures and ownership details as snapshots of the company’s performance and structure during specific periods.
Financial health and ownership percentages can vary over time, influenced by market dynamics, business strategies, and other relevant factors.
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