Active Stocks
Fri May 24 2024 15:59:27
  1. Tata Steel share price
  2. 174.80 -0.37%
  1. NTPC share price
  2. 374.85 0.68%
  1. State Bank Of India share price
  2. 828.60 -0.45%
  1. ITC share price
  2. 436.10 -1.16%
  1. Power Grid Corporation Of India share price
  2. 318.50 -0.39%
Business News/ Markets / Stock Markets/  Shankar Sharma portfolio: Ace investor appears on shareholder list of multibagger AI stock during Q4FY24. Here's how
BackBack

Shankar Sharma portfolio: Ace investor appears on shareholder list of multibagger AI stock during Q4FY24. Here's how

Shankar Sharma portfolio: Ace investor's name has appeared in the shareholding pattern of the AI company for the Q4FY24 period

Shankar Sharma portfolio: This multibagger stock has risen to the tune of 1,000% in the last five years.Premium
Shankar Sharma portfolio: This multibagger stock has risen to the tune of 1,000% in the last five years.

Shankar Sharma portfolio: Ace investor Shankar Sharma's name has appeared in the shareholding pattern of Vertoz Advertising Ltd for the January to March 2024 quarter. As per the shareholding pattern of this AI company, Shankar Sharma has a stake in the company during the recently ended Q4FY24. Shankar Sharma owns around 2.20 percent stake in the company. The market magnate bought a stake in this company despite an over 275 percent jump in this multibagger stock in one year.

Shankar Sharma shareholding

As per the shareholding pattern of this Shankar Sharma portfolio stock for the January to March 2024 quarter, Shankar Sharma owns 4 lakh company shares, which is around 2.20 percent of the total paid-up capital of the company. However, in the shareholding pattern of Vertoz Advertising Ltd for the October to December 2023 quarter, Shankar Sharma's name was not mentioned in the list of public shareholders.

Shankar Sharma told Mint that he bought warrants of the company at around 110 rupees nearly 1.5 years ago, which in the quarter gone by converted into shares. This is why Shankr Sharma's name appeared now in the shareholder list.

Vertoz Advertising share price history

The NSE SME stock is one of the multibagger stocks that the Indian stock market has delivered in recent years. In one month, this Multibagger stock has risen from around 705 to 810 apiece level on NSE, delivering around 15 percent return to its shareholders. In YTD, Shankar Sharma's latest buy has risen from nearly 475 to 810, logging more than 70 percent appreciation in this time. Likewise, this multibagger AI stock has risen 150 percent in the last six months whereas in one year time, it has risen over 275 percent. In the last five years, this multibagger AI stock has risen to the tune of 1000 percent.

This new Shankar Sharma portfolio stock is an NSE-listed SME stock. Its market cap is 3,433 crore and its current trade volume is 8,381. So, this multibagger stock is a low float stock and it may move either side on a single trigger. Its 52-week high is 905 apiece while its 52-week low is 212.45 per share.

Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.

You are on Mint! India's #1 news destination (Source: Press Gazette). To learn more about our business coverage and market insights Click Here!

ABOUT THE AUTHOR
Asit Manohar
Chief Content Producer at Live Mint Digital Team
Catch all the Business News, Market News, Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
More Less
Published: 23 Apr 2024, 12:04 PM IST
Next Story footLogo
Recommended For You
GENIE RECOMMENDS

Get the best recommendations on Stocks, Mutual Funds and more based on your Risk profile!

Let’s get started