Locked in 20% upper circuit, CDGS company declared over 13% jump in PAT

On Friday, the shares of National Standard (India) closed on the BSE at a 20% upper circuit limit of ₹5710.60 apiece level compared to the previous close of ₹4758.85. The stock recorded a total volume of 2,030 shares compared to the 20-Day average volume of 111 shares. The stock achieved an intraday high of ₹5710.60 and an intraday low of ₹4520.00 during its last trading session, which opened at a price of ₹4770.00. 

The stock price has risen from ₹21.90 on January 23, 2018, to the current market price, marking an all-time high of 25,975.80%, during the past five years. Therefore, a ₹1 lakh investment placed in the company five years ago would today be worth ₹2.60 Cr. 

The stock price rose from ₹47.15 on April 8, 2020 to the current market price during the past three years, resulting in a multibagger return of 12,011.56%. As a result, an investment of ₹1 lakh made in the stock three years ago would now be worth ₹1.21 Cr. However, in the last 1 year, the stock has fallen 49.26% and on a YTD basis, it has gained 41.53% so far in 2023. It has appreciated 33.29% over the past month and 40.97% during the last five trading sessions.

The stock had touched a 52-week-high of ₹13,780.00 on (13/01/2022) and a 52-week-low of ₹3,711.05 on (23/12/2022), indicating that at the current market price, the stock is trading 58.55% below the 1 year high and 53.88% above the 1 year low. For the quarter ended December 2022 or Q3FY23, the company posted a promoter shareholding of 73.94% and a public stake of 26.06%. At Friday’s closing price, the stock was seen trading above 5 days, 10 days, 20 days, 50 days, 100 days and 200 days SMA.