LKP Finance Share Price š
The stock market ended the week on a high note, with some finance-related companies experiencing a surge in share prices on Friday. LKP Finance Limited was also included in the list of companies that witnessed significant buying activity. In 2023, LKP Finance Limited’s shares have provided investors with multiple-bagger returns.
So, how much growth did the shares witness this year? From January to now, the small-cap stock has skyrocketed by 140%, reaching from INR 91.50 to INR 220.55. The share has been consistently rising since December, indicating that it has hit the upper circuit in all 11 trading days of December 2023. On Friday, the company’s share closed at INR 220.55, reaching its highest level in 52 weeks.
Who invested in the company? LKP Finance Limited is supported by foreign institutional investor Sent Capital Fund, based in Mauritius. According to the shareholding pattern of LKP Finance Limited for the July-September 2023 quarter, Sent Capital Fund holds 2.46 lakh shares in the company. This represents 1.96% of the company’s total paid-up capital.
In the April-June 2023 quarter, Sent Capital Fund held 1.96% of the company’s shares, indicating that the investment in this multi-bagger stock remained stable throughout the second quarter of the current financial year. Please note that this multi-bagger stock is only available for trading on the BSE.
With such impressive growth and stable institutional investments, LKP Finance Limited’s share price is definitely worth keeping an eye on. Don’t miss out on the exciting opportunities this stock has to offer! šš¼š
(Note: The above information is for educational purposes only and should not be considered as financial advice. Please do your own research before making any investment decisions.)
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