This twenty four stock made investors crazy

Penny Stock: There has been a rise in the Indian stock market in recent times. In such a situation, the performance of stocks priced at Rs 5 to 10 has been better on average. Due to the tremendous returns of these penny stocks, the attention of investors is being drawn towards them. One such great stock is Kenvi Jewels Limited. The company’s stock had closed at Rs 7.19 last Friday with a rise of 3.45 percent or Rs 0.24. Whereas, in the last five days the stock has given a tremendous return of 13.77 percent. The market cap of the company is Rs 90.87 crore. In the month of June last year, the company’s stock went to Rs 15.70. Which was its high of 52 weeks. At the same time, the stock has fallen to around Rs 4.76 in 52 weeks.

Got more returns than expected in five

Kenvi Jewels Limited has disappointed investors a bit in the last one year. It has given negative returns of 8.76 percent to investors on annual basis. However, in five years the company has given bumper returns of about 1,183.93 percent to investors. On March 29, 2019, the company’s stock price was 0.56 paise. It is said that in the year 2018, the company’s stocks were trading at around Re 1. Which after the fall, reached 40 paise. In eight years, the company has increased investors’ money by more than 15 times. After seeing movement in the stock again in recent times, investors’ attention is getting attracted towards it.

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what does the company do

According to the information available in the share market, Kenvi Jewels Limited trades in gold jewellery. The company deals in jewelery manufacturing, wholesale and retail sale. The company has a huge customer base. According to the shareholding pattern of the company, 64.72 percent stake is held by the promoters, while the public holds 35 percent stake.