1600 Percent Returns in a Year: 20% upper circuit ahead of stock split record date

Established in 1988, the company deals with Healthcare/Pharma and trades and sells API Intermediates (KSM & CRM) and other raw materials. This company has given tremendous returns since its listing, whether annually or compounded. Whoever has invested in this company at the right time has earned tremendous returns from it. The name of this company is Remedium Lifecare Limited, which is a small-cap Healthcare/Pharma company with a market cap of less than ₹1500 crore.

1:5 Stock Split Record Date

The company’s board of directors had already announced that the stock would be divided in the ratio of 1:5. At present the face value of each equity share is Rs 5, which will become Rs 1 after the split. That is, 1 share will be divided into five. The board of directors also fixed a stock split date or record date on February 23rd, 2024.

After the announcement of the record date, Remedio Lifecare shares hit an upper circuit of 20 percent today. and closed at the price of Rs 689.10. This stock has shown a rise of 50 percent in the last 5 days. Its 52-week high is Rs 898.30 and its 52-week low is Rs 35.32.

Stock Performance

Remedio Lifecare’s stock was listed on the BSE (BOM:539561) in 2018, and its performance since listing has been excellent. At the time of listing, the price of one share of the company was Rs 2.25 and when we are writing this article, it is trading at Rs 689.10. If we look at the performance of the company since its listing, it has given a return of more than 30000 percent.

Stock Soars More Than 1600 Percent in 12 Months

The stock has risen more than 1600% in the last 12 months, If you had invested ₹10,000 in it 12 months ago, the value of those shares would have increased to ₹176,511 today.

1900 Percent Growth in 2023

Investors who invested in it in 2023 earned quite well returns. The share price of Remedium Lifecare Limited in January 2023 was ₹24.91 and on the last trading day of the year, it closed at ₹501.40 with a gain of 1912.85%.

30527 Percent Growth From Listing

In the table below you can check the company’s absolute returns and CAGR growth from listing. You can also check that if someone has invested a lump sum of Rs 10,000 then what is the value of those Rs 10,000 worth of shares today…

• If we look at the performance of the last two years, it has seen a rise of more than 2700 percent.
• In the past three years, it has increased investors’ money by more than 84 times.
• For investors who had invested Rs 10,000 in it 5 years ago, the value of those ₹10 thousand shares has increased to ₹25.06 lakh today.
• The company’s stock CAGR growth from the listing is 171.12 percent.

Remedium Lifecare Limited Performance (Year-wise)

Disclaimer: This article is for informational purposes only and should not be considered investment advice.