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Record breaking stocks 2024: The year 2024 will be very memorable for the stock market. This year the market has broken many big records. At the same time, during this period, some shares listed in the market also surprised everyone with their record-breaking performance. Today we are telling you about some such stocks which were much discussed this year. One of them made its investors overnight millionaires with returns of 66,92535%. We are talking about shares of LCD Investments. This year the stock broke the record of MRF and crossed the Rs 3 lakh mark and became the most expensive stock in the country. There are some other such stocks which have been in the headlines this year.
1. Alcide Investments Share (Alcid Investments Share) suddenly came into discussion in the month of October. Let us tell you that in a single trading session on 29 October 2024, its price was Rs 2.55. The stock became the talk of the town on D-Street overnight after it surged 3,66,92,535%. On October 29, this share was at Rs 10. 2,36,250 crossed. With this it has overtaken MRF as the most expensive stock till date. Even after this, the stock remained in the upper circuit and crossed Rs 3 lakh. Actually, a special auction was conducted to know the real price of the stock and after that the stock was again listed at Rs 2,25,000 and the very next day it took a circuit of above 5%. Let us tell you that before the special call auction, the stock had closed at Rs 3.53 on BSE on June 21, 2024.
Company’s business- It operates as a non-banking financial company (NBFC) registered with the Reserve Bank of India (RBI). The company currently has no operating business of its own but has significant investments in other leading companies such as Asian Paints etc. The main source of income is dividends from its holding companies. Alcide holds 2.83% stake in Asian Paints. The company’s net profit in September quarter declined by 68% sequentially to Rs. 43.47 crores. Its revenue increased by 149.62% to ₹56.34 crore. In the same quarter last year, the company had earned a net profit of ₹15.56 crore and revenue of ₹22.57 crore. The company’s dividend income increased by 19.47% to ₹ 2.27 crore in the quarter. Its interest income increased by 57.35% to ₹ 7.27 lakh.
2. Shares of Shree Adhikari Brothers Television Network Stock (Shree Adhikari Brothers Television Network Stock) have been in the upper circuit of 2 per cent continuously since April. It was listed for the second time on 2 April 2024 and there was a lot of discussion. In fact, after reduction in share capital, on 02 April 2024 the share was traded at Rs. 41 were relisted on the stock exchange. Earlier on January 23, the share price was Rs 3.75. Trading of the stock was halted midway and it remained in the upper circuit even after re-listing. Although profit booking is being seen in this stock this week, let us tell you that this stock is currently trading in ‘T’ segment. T-Group shares are securities offered by BSE in the trade-to-trade segment. Intraday trading is not allowed in these shares. T2T stocks can be delivery based only i.e. the buyer has to take delivery of these shares.
Company’s business- Shree Adhikari Brothers Television Network Limited, formed in 1994, is a media company and operates in the field of content production and content syndication for various broadcasters, aggregators and satellite networks. Its market cap is Rs 4940.01 crore.
3. PropShare Platina Reit – Recently listed PropShares Platina Reit has attracted the attention of investors in the financial markets. It debuted on December 10 as the most expensive traded security on the Bombay Stock Exchange (BSE). Acquired from LCD Investments, PropShares Platina REIT has set new benchmarks in the investment world. Let us tell you that PropShare Platina REIT started trading at Rs 10.5 lakh per unit and closed at Rs 10.45 lakh per unit in its very first session. Despite its current dominance in the REIT sector, PropShares Platina REIT is the most expensive stock in the market.
Can Platina Buy REITs?
Yes, retail investors can invest in PropShares Platina REIT through a brokerage firm. Let us tell you that PropShare Platina offers investors shares in six floors of Prestige Tech Platina, a premium-grade office building located on the Outer Ring Road in Bengaluru. It is one of the most prestigious office markets in the city. The property is spread over 2,46,935 sq ft and is fully leased to the US-based tech giant under a nine-year agreement.