New Delhi. There are many very cheap stocks in the stock market, which are called penny stocks. These stocks have given their investors multibagger returns in no time. One of them is the share of Brightcom Group. Shares of Brightcom Group have gained 2,320% in the last one year.
On February 12, 2021, this stock closed at Rs 6.17 on BSE, which reached a high of Rs 150.10 on BSE yesterday.
1 lakh became 24 lakh rupees
If an investor had invested one lakh rupees in the shares of Brightcom Group a year ago, then his one lakh would have become 24.23 lakh rupees today. The stock hit a 52-week high of Rs 204.80 on December 24, 2021 and a 52-week low of Rs 5.82 on May 5, 2021.
A total of 3.27 lakh shares of the firm have a turnover of Rs 4.90 crore on BSE. The firm’s market cap on the BSE was Rs 15,608 crore. However, the stock has declined 16.31% since the beginning of this year. At the end of the period ended January 25, 2022, 15 promoters held 19.74 per cent stake in the firm and public shareholders held 80.26 per cent.
What does the company do?
Let us tell you that Brightcom Group is a digital marketing company. It is in Ad-tech, New Media and IoT based business in many countries of the world. The company does business in America, Israel, Latin America ME, Weston Europe and Asia Pacific region. Its client list includes big advertisers like Airtel, British Airways, Coca-Cola, Hyundai Motors, ICICI Bank, ITC, LIC, Maruti Suzuki, MTV, P&G Qatar Airways, Samsung, Viacom, Sony, Star India, Vodafone, Titan .
Tags: Multibagger stock, stock return, Stock tips
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