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HomeNewsBusinessMultibagger stock splits shares at 52-week high, up 658% year to date

Multibagger stock splits shares at 52-week high, up 658% year to date

Karnavati Finance Ltd. is a small-cap firm that works in the financial services sector with a market value of 158.19 Cr. one of the recognisable Karnavati Finance Limited is the top provider of financial services in India (KFL). Karnavati Finance Limited was founded in 1984 as an NBFC (non banking financial company), and since then it has developed into one of the most renowned and enduring companies in the finance sector. The business debuted on the Bombay Stock Exchange in the year 2014. (BSE).

The stock’s price increased from $20.75 on January 3 to the current market price, resulting in a multibagger return of 658.55% YTD for 2022. The stock has increased by 53.94% in the last month and has generated a multibagger return of 490.62% over the last six months. After reaching a new 52-week high level on Friday, the stock was spotted trading at 1,012.36% above the 1-year low. The stock had a 52-week low of $14.15.

Karnavati Finance Ltd. stock reached a new 52-week high on Friday as it finished at 157.40 per share, up 4.97% from the previous close of 149.95. 3,610 shares were traded in total for the stock. As of today’s market pricing, the stock price has increased from 10.60 as of February 6th, 2015, to an all-time high of 1,384.91%. From Rs. 27.40 on December 28, 2017, to the stock’s current market price, it increased in value, yielding a multibagger return of 474.45% over the last five years. In the past year, the stock’s value increased from 17.00 as of December 20, 2021 to the current market price, reflecting a multibagger return of 784.27%.

News Summary:

  • Multibagger stock splits shares at 52-week high, up 658% year to date
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