Stock Market News: 202 Percent Return in 6 Months: LKP Finance Shares Hit Upper Circuit
Shares of LKP Finance Limited have given a return of 62 percent to investors in the last one month from a low of Rs 144.
Share Market News: On Thursday, during the bullish period in the stock market, an increase of 5 percent was recorded in the shares of LKP Finance and it reached the level of Rs 232.60. In the last trading session it had closed at Rs 221.55.
After falling in the last two days, equity benchmark indices Sensex and Nifty gained on Thursday and closed with gains of about 1 per cent. The 30-share BSE Sensex closed at 71,847.57, up 490.97 points or 0.69 per cent. During the day it rose 598.19 points or 0.83 percent to 71,954.79.
Shares of LKP Finance Limited have given a return of 62 percent to investors in the last one month from a low of Rs 144.
In the last 6 months, from the low level of Rs 77, shares of LKP Finance have made investors rich by 203 percent. LKP Finance Limited is a Mauritius-based company backed by Cent Capital Fund, a foreign institutional investor.
From its low of Rs 1.90 on March 13, 2003, shares of LKP Finance have touched a high of Rs 232.60. It has given multibagger returns of 12,242 percent during this period.
LKP Finance Limited is one of the leading brokerages in the wholesale loan market. The company also deals in debt market instruments such as government securities, bonds, commercial paper and treasury bills.
Disclaimer: This article is for informational purposes only and does not constitute investment advice.
