Shankar Sharma Buys Stake in Vertoz Advertising Ltd, Multibagger Stock Surges 275% in a Year

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Ace investor Shankar Sharma has recently made headlines by acquiring a stake in the AI company, Vertoz Advertising Ltd, during the fourth quarter of the financial year 2023-24. Despite the stock’s impressive 275 percent surge over the past year, Sharma opted to invest in the company, owning approximately 2.20 percent of its total paid-up capital.

Sharma’s portfolio now includes 4 lakh shares of Vertoz Advertising Ltd, marking his entry into this multibagger stock. The company has shown remarkable growth, with its share prices climbing from around ₹475 to ₹810 within a year, registering a significant increase of over 70 percent. Over the past six months alone, the stock has risen by 150 percent, while its five-year performance reflects an impressive surge of 1000 percent.

This NSE-listed SME stock boasts a market capitalization of ₹3,433 crore, with a current trade volume of 8,381. The stock’s 52-week high stands at ₹905 per share, while its low is at ₹212.45. Despite being a low float stock, its recent performance has caught the attention of investors and market watchers alike.

It is important for potential investors to seek advice from certified experts before considering any investment decisions. The views and recommendations expressed by individual analysts or broking companies do not necessarily reflect those of Mint. However, given the latest developments in Shankar Sharma’s portfolio, Vertoz Advertising Ltd is a stock worth keeping an eye on, considering its remarkable growth trajectory in the AI sector.

As the market continues to evolve, opportunities like this multibagger stock serve as a testament to the potential returns that can be reaped from strategic investments in growing companies. With Sharma’s endorsement, Vertoz Advertising Ltd is likely to attract more attention from investors looking for lucrative opportunities in the dynamic landscape of the Indian stock market.

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Frequently Asked Questions (FAQs) Related to the Above News

Who is Shankar Sharma?

Shankar Sharma is an ace investor who recently acquired a stake in Vertoz Advertising Ltd.

What percentage of Vertoz Advertising Ltd's total paid-up capital does Shankar Sharma own?

Shankar Sharma owns approximately 2.20 percent of Vertoz Advertising Ltd's total paid-up capital.

How much has Vertoz Advertising Ltd's stock surged over the past year?

Vertoz Advertising Ltd's stock has surged by an impressive 275 percent over the past year.

What is the current market capitalization of Vertoz Advertising Ltd?

Vertoz Advertising Ltd boasts a market capitalization of ₹3,433 crore.

What is the recent trade volume of Vertoz Advertising Ltd's stock?

The recent trade volume of Vertoz Advertising Ltd's stock is 8,381.

What is Vertoz Advertising Ltd's 52-week high and low stock prices?

Vertoz Advertising Ltd's 52-week high is ₹905 per share, while its low is at ₹212.45.

Is it recommended to seek advice from certified experts before investing in stocks like Vertoz Advertising Ltd?

Yes, it is important for potential investors to seek advice from certified experts before considering any investment decisions.

Please note that the FAQs provided on this page are based on the news article published. While we strive to provide accurate and up-to-date information, it is always recommended to consult relevant authorities or professionals before making any decisions or taking action based on the FAQs or the news article.

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