multibagger in just 180 days! back-to-back high in 4th straight session; specialty retail stock bhatia communications hits fresh 52-week high
Bhatia Communications share price opened gap-up in Tuesday’s trading session with gain of 4.99 per cent. The counter touched an intraday and a fresh 52-week high of Rs 37.05 per share, zooming 4.99 per cent from its previous close of Rs 35.20 apiece. The scrip outperformed the sector by 4.03 per cent. It has been gaining for the last 11 days and has risen 71.77 per cent returns in the period. It is trading higher than 5 day, 20 day, 50 day, 100 day and 200 day moving averages.
The counter settled at Rs 21.86 apiece on February 13, 2024 and has since zoomed to over Rs 37 apiece, a rise of nearly 70 per cent. A total of 8.17 lakh shares changed hands today of the company generating a total turnover of Rs 3.02 crore. The company has a market cap of Rs 463.69 crore, as per BSE website. The shares of the company have a PE of 38.76x.
The counter settled at Rs 32.03, zooming 4.95 per cent on Feb 22. The next day, the counter rose by 4.93 per cent, 5 per cent in Monday’s trading session.
The counter has delivered multibagger returns of 102.68 per cent in the last 180 days, as per data available on the BSE Analytics. In just one month, the scrip climbed 71.29 per cent. The stock multiplied investors wealth by a whopping 407.53 per cent in the last three years, as per BSE.
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