Share Price Below Rs 100: Microcap Stock Up 365 pc in 3 Years; Do You Own?

The microcap stock below Rs 100 is a multibagger stock, delivering 364.52 per cent returns in the last three years, as per data available on the BSE. In the last five years, it multiplied investors wealth by a whopping 585.71 per cent.
Share Price Below Rs 100: Microcap Stock Up 345% in 3 Years; Do You Own?

Share Price Below Rs 100: Microcap Stock Up 345 in 3 Years; Do You Own? Image Source: Canva

Shanti Educational Initiatives Ltd share price zoomed over 10 per cent in Wednesday's trading session. The counter moved northward to quote an intraday high of Rs 73.80 per share on the Bombay Stock Exchange (BSE), moving up by 10.64 per cent. At about 3 pm, the counter quoted at Rs 72.45 apiece, up by 8.62 per cent.
The microcap stock below Rs 100 is a multibagger stock, delivering 364.52 per cent returns in the last three years, as per data available on the BSE. In the last five years, it multiplied investors wealth by a whopping 585.71 per cent. In the last 30 days, the counter endured northbound journey to deliver 23.69 per cent returns.
A total of 24,000 shares changed hands today of Shanti Educational Initiatives Ltd generating a total turnover of Rs 16.96 lakh. The microcap cap company has a market cap of Rs 1,159.20 crore, as per BSE website. The shares of the company have a PE of 211.76x. The company had sub-divided its shares in the ratio 10:1 in 2022 as a corporate action. The current face value of each stock of the counter is Re 1 after the stock split.
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. Times Now Digital suggests its readers/audience to consult their financial advisors before making any money related decisions.)
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