Ashish Kacholia Stock Turns Rs 1 Lakh To Rs 1.43 Cr In 7 Years: Buy?

A small-cap consumer discretionary firm, Aditya Vision has a market valuation of Rs 2,633.16 Cr. Headquartered in Patna, Bihar, Aditya Vision is a cutting-edge multi-brand consumer electronics retail network. Aditya Vision is a well-known name in consumer electronics in Bihar, selling over 10,000 products that include everything from digital devices like smartphones, laptops, and tablets to entertainment options like televisions, sound bars, home theatres, cameras, and accessories to home appliances like air conditioners, refrigerators, washing machines, and chimneys, air fryers, soup makers, cooktops, and dishwashers across numerous national and international markets. Let's look at how the stock has gone up from a Rs 1 lakh investment to Rs 1.43 Cr over the past seven years since it was listed.

Aditya Vision Share Price History

On Friday, the shares of Aditya Vision closed on the BSE at Rs 2189.10 apiece down by 1.31% from the previous close of Rs 2218.05. The stock made a 52-week-high of Rs 2,465.00 on (24/07/2023) and a 52-week-low of Rs 879.50 on (28/07/2022), indicating that at the current market price, the scrip is trading 148.90% above the 1 year low and 11.20% below the 1 year high.

In December 2016, Aditya Vision shares went live on the BSE SME platform. The firm started its public offering in December 2016 at a fixed price of Rs 15 per share. The SME stock got listed at Rs 15.50 apiece on its listing date December 12, 2016 and has rallied to the current market price logging in a whopping multibagger return of 14,207.84%, hence if a potential investor had invested Rs 1 lakh in the stock 7 years ago would now have turned his investment to Rs Rs 1.43 Cr.

An investment of Rs 1 lakh made 5 years ago would now have grown to Rs 34.15 lakh as the share price went up from Rs 64.10 to the current market price, recording a multibagger return of 3,315.13%. An investment of Rs 1 lakh made 3 years ago would now have grown to Rs 88.62 lakh as the stock price climbed from Rs 24.70 to the present market price, recording a multibagger return of 8,762.75%. In the last 1 year the stock price has risen from Rs 940.10 to the current market price logging in a multibagger return of 132.86%, hence an investment of Rs 1 lakh would now have turned into Rs 2.32 lakh. On a YTD basis the stock has rallied 42.36% so far in 2023.

Aditya Vision Financials

The company reported revenue from operations of Rs 641.23 crore in Q1FY24 up by 46.23% YoY from Rs. 438.51 crore in Q1FY23. Aditya Vision reported a net profit of Rs. 37.42 crore in the quarter ended June, 30 2023 up by 39.99% YoY from Rs. 26.73 crore in the same quarter of FY23. Aditya Vision EPS has increased to Rs. 31.11 in Q1FY24 from Rs. 22.22 in Q1FY23.

Aditya Vision Shareholding

During Q1FY24, the company recorded promoter shareholding of 67.59%, FIIs stake of 0.54%, DIIs stake of 0.13% and public stake of 31.73%. As per the shareholding pattern of Aditya Vision for Q1FY24, ace investor Ashish Kacholia held 2,39,506 shares or 1.99% fully paid-up stake in the company.

Aditya Vision Share Price Target

A R Ramachandran, Co-founder & Trainer - Tips2trades said, "Aditya Vision stock price is bearish on the Daily charts with strong resistance at 2465. A daily close below support of 2163 could lead to a target of 1820 in the near term."

Disclaimer

The recommendations made above are by market analysts and are not advised by either the author, nor Greynium Information Technologies. The author, nor the brokerage firm nor Greynium would be liable for any losses caused as a result of decisions based on this write-up. Goodreturns.in advises users to consult with certified experts before making any investment decision.