Advik Capital Share Price: A Rollercoaster Ride for Investors!
๐ On Monday, Advik Capital’s share price was trading at โน2.89, showing a whopping 20% surge.
๐ However, the company’s shares experienced a significant sell-off, plunging from its 52-week high of โน5.16 to a low of โน1.90.
๐ฐ In the past month, investors have enjoyed a 14% return on their investment, while the past six months have seen an impressive 19% return.
๐ On Tuesday, 12th December 2023, Advik Capital’s share closed at โน2.41, witnessing a decline of 2.43%. The downward trend continued on Wednesday, with the share trading at โน2.33, down by 3.32%.
๐ผ With a market capitalization of โน115 crores, Advik Capital has come a long way since its shares were priced at a mere 28 paise on 29th October 2020, marking a remarkable 12-fold increase.
๐ The company has recently revealed plans to raise funds and has applied to SEBI for a license under the Alternative Investment Fund Category-II. If approved, Advik Capital aims to raise โน250 crores through its alternative investment fund.
๐ฐ Over the past two years, Advik Capital’s share price has skyrocketed from 29 paise to โน5, providing investors with an astounding 1,350% return on their investment.
๐ข As a non-banking financial company, Advik Capital specializes in providing advisory services to its clients on essential aspects such as loans, finance, investments, and other corporate matters.
๐ The company’s clientele spans across not only India but also various parts of the world, making it a global player in the financial services industry.
๐ข All in all, the journey of Advik Capital’s share price has been nothing short of a rollercoaster ride for investors. With its recent plans for raising funds and its significant growth over the past two years, it will be interesting to see how the company continues to perform in the future.
๐ Stay tuned for more updates on Advik Capital’s share price and its impact on the financial market!
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