

There are many such stocks in the Share Market which have Has given bumper returns to the investors. If there is a small cap or a penny stock (Multibagger Penny Stocks), then the returns can increase further. Advait Infratech Ltd is one of the top multibagger stocks of this year. This stock has given investors a whopping return of 1113% so far. This stock has an excellent history of returns. Advait Infratech Limited is a Small-Cap company with a market cap of ₹317.73 Crore. The firm deals in Industrial industry. The organization deals with multiple dimensions such as turnkey telecommunication projects, installation of power transmission, substations and telecom products etc. It has further expanded its business by starting production of OPGW (Optical Fiber Ground Wire), OFC Cable, ACS (Aluminum Clad Steel Wire), ERS (Emergency Restoration System) and OPGW Joint Box.
Fast growing stock Shares of Advait Infratech Limited last Thursday i.e. 16 December 2022 had closed at Rs.623. This stock was listed on BSE on 28-09-2020. Since its IPO, the stock has gained 1,113.24 per cent in the last 2 years so far. The stock price has gained from ₹81 as on 20 Dec 2021 to the current market price in multibagger returns of 669.14% in last 1 year. On YTD basis, the share price has increased from ₹120 as on Jan 3, 2022 to the current market price. So far this year i.e. 2022, a multibagger return of 419.17 per cent has been registered.
Stock has reached the high level of 720 In last 6 months, the stock has given multibagger return of 231.38%. On the other hand, if we talk about the last one month, then this stock has fallen by 7.01 percent. The stock hit a 52-week high of ₹720.00 on 15/11/2022. Whereas on 24/12/2021 it touched a 52-week low of ₹75.00. It shows that the stock is at current market price and trading above one year low. For the quarter ending September 2022 or Q2FY23, the company has reported promoter shareholding of 73.52 per cent and public shareholding of 26.48 per cent.
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