Everyone has welcomed the new year as soon as 2025 has passed. And as soon as 2026 has begun, several stocks (Multibagger Stocks) have also taken the stock market by storm. On the very first day of the new year, i.e. January 1, the prices of multiple stocks have practically increased at a rocket speed. Some stocks, although small, are slowly showing investors’ profits. The stocks of Avance Technologies are also on that list. On the first day of the year, the stock price of this company has increased by up to 5 percent. Investors in this stock are also overjoyed.
This stock has given a 110 percent return in a month
According to the report of the National Stock Exchange, at the beginning of the new year, as several companies have increased their business, the stocks have also gone up. The stocks of Avance Technologies are at the top of that list. According to the report, this company has bought 100 percent shares of Hyderabad-based company Pushpak AI. And on the first day of the year, the price of the company’s stocks has increased by 5 percent.
Several reports claim that the global artificial intelligence market will reach $2.4 trillion by 2032. That is why, thinking about the future, Pushpak AI has been bought by Avance Technologies. Let us tell you that today, i.e. on Thursday, after the stock market opened, the price of a stock of Avance Technologies was Rs 1.90. However, later that price increased to Rs 2. Although currently the price of a stock of this company stands at Rs 1.99.
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Needless to say, this stock reached its lowest level in 52 weeks at 52 paise. However, if we talk about returns, this stock has given investors 110 percent returns in just 1 month. If we calculate the last six months, investors have received a total return of up to 127 percent from this stock. In a word, investors have earned more than double.
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Many stock market experts, starting from experienced investors, claim that since this company is expanding its business, the price of this company’s stock may increase further in the coming days, especially in the first few months of the new year. Therefore, if you want to see profits in the future by investing in stocks priced at less than 2 rupees, you can trust this company’s stock.
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(Note: Investing in the stock market is subject to financial risk. Do not invest in any stock just by reading this report. This news is mainly prepared to provide information related to the stock market to the readers. Take expert advice before making any decision regarding employment.)
