This penny stock gave a huge return in just 6 months, turned Rs 1 lakh into Rs 84 lakh

New Delhi. The year 2024 has been great for the Indian stock market so far. In the last three years, the stock market has climbed the most in the first half of this year. This year Nifty and Sensex have made an all-time high. BSE Midcap and Smallcap have also gained strongly. Some penny stocks have also performed amazingly in the bullish stock market.

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In just six months, there has been a strong jump in the penny stock, Sri Adhikari Brothers Television Network. An investor who invested only ten thousand rupees in this stock at the beginning of the year has now become a millionaire. On January 1, this stock closed at Rs 2.90, while in the last trading session i.e. Friday, it reached Rs 245.55.

Established in 1994, Sri Adhikari Brothers Television Network Limited is a media company and operates in the field of content production and syndication of content for various broadcasters, aggregators and satellite networks. The company also operates some TV channels. In 1999, the company launched its own Hindi entertainment channel called Sab TV.

But, after 6 years it was sold to Sony Pictures Network India. If we talk about TV channels, Shri Adhikari Brothers Television Network Limited currently operates Masti, Maiboli, Dabangg, Dhamaal TV and Dillagi.

In the last six months, Shri Adhikari Brothers share has given 8259 percent return to the investors. If an investor had invested one lakh rupees in this multibagger share on January 1, 2024 and is still invested, then today the value of his investment has become Rs 8,467,241.

In the last one month, this multibagger share has given 45 percent return to the investors and 17216 percent return in one year. Its current market capitalization is Rs 615 crore. The 52 week high of Shri Adhikari Brothers share is Rs 242.43.

(Disclaimer: The information given here is based on the performance of the stock. Since investing in the stock market is subject to market risk, please consult a certified investment advisor before investing. News18 Hindi will not be responsible for any loss you may incur.)