Stock Market: The stock market often fluctuates. However, it is impossible to predict when or which share will make investors wealthy.
A similar feat has been achieved by the shares of Valencia Nutrition. The company’s stock doubled investors’ money in just 10 days. Even today, the company’s shares have registered an increase.
How much did the share price increase?
The company, which is based on research, development, and marketing of multi-nutrient beverages to prevent everyday diseases, has doubled its investors’ money in the last few days. Shares of Valencia Nutrition were trading at Rs 10.95 on September 5, 2022, as reported by Business Today. But, in just 10 days, the value of this share increased to Rs 21.25. That is, this stock has doubled investors’ money in the last 10 days.
1 lakh became 2 lakhs.
The share of Valencia Nutrition (Valencia Nutrition share) was closed at Rs 19.32. But today it is at the highest level ever. This share gave investors a huge income. If a person invested Rs 1 lakh in a company 10 days ago, he would get Rs 1.94 lakh today.
What is the market cap of the company?
Valencia Nutrition Company manufactures “Bounce Superdrinks’ and “Bounce Superwater Vitamin”. The market cap of the company on the Bombay Stock Exchange (BSE) has increased to Rs 11.87 crore due to the surge in its shares. In the first quarter of the previous fiscal year, 91 public shareholders (shareholders) owned 36.12 percent of the company, or 20.17 lakh shares.