In a few days, the year 2023 will officially begin. A multi-bagger stock has doubled investors money in just 11 days amidst all of this. Shriram Asset Management is the name of this share. The last three weeks have seen a significant increase in this company’s stock price. Let us explain why the stock is moving higher.
In how many days has the stock increased?
The stock has increased 9.21% during the past 5 days. In 5 trading days, this share has increased by Rs 17.65. The share price is now trading at Rs 209.35 following this increase.
Returned more than 100% in just 11 days.
Since the first date, this stock has experienced a good surge that lasted 11 days and caused investors’ money to quadruple. During this time, the stock has returned 11% of the original investment. The stock has provided investors with more than 100% profit during this time.
In one month, the stock increased by Rs 91.55.
If you look at the chart from one month ago, the stock has increased by 77.72 percent over this time. The company’s shares were selling at Rs 117 on December 19. The share price has increased by Rs 91.55 in the past month.
Even in YTD time, there was a boom.
In terms of YTD, the company’s share price was 110.15 rupees on January 2. During this time, the share price has increased by 90.06 percent. The 52-week record level of this stock is Rs 231.90. The 52-week low is Rs 93.00, in contrast.
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