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Multibagger Stock : Anondita Medicare manufactures flavored condoms for men and women. The company’s products are sold under the COBRA brand. The company makes condoms worth Rs 56 crore annually. The company’s shares have been included in the list of multibagger.
On Friday, Anondita Medicare shares closed at Rs 469.60 with five per cent upper circuit. New Delhi. Anondita Medicare shares, which entered the stock market on September 1 this year, had been a rocket ever since its listing. Investors got this share in IPO for Rs 145. This Multibagger Share had entered the market with much fanfare and had given 90 percent listing gain. Those who got these shares in the IPO have made 220 percent profit in just two months. On Friday, Anondita Medicare shares closed at Rs 469.60 with five per cent upper circuit.
What does the company do?
Anondita Medicare manufactures flavored condoms for men and women. The company’s products are sold under the COBRA brand. The company makes condoms worth Rs 56 crore annually. The company’s manufacturing plant is in Noida, Uttar Pradesh. Anondita Medicare also exports its products to South-East Asia, Africa and the Middle East. In FY25, Anondita Medicare Limited reported revenue of ₹77 crore and profit after tax (PAT) of ₹16.42 crore.
1 lakh became 1.62 lakh in 54 days
If an investor had invested Rs 1 lakh in Anondita Medicare shares on September 1 and has maintained his investment till now, then today the value of his investment has become Rs 162,350. On September 1, the price of Anondita share was Rs 289.25, which has now increased to Rs 469.60.
Promoter’s stake in Anondita Medicare shares is 10.29 percent, FII holds 4.24 percent shares and public holding is 17.15 percent. Domestic institutional investors have also invested money in this multibagger share and they hold 6.55 percent shares of the company.
(Disclaimer: The stocks mentioned here are based on the advice of brokerage houses. If you want to invest money in any of these, then first consult a certified investment advisor. AyraNews24x7 will not be responsible for any profit or loss of yours.)
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