Aayush Wellness, a stock priced below ₹100, has once again hit the upper circuit today.
This is the seventh consecutive trading session where this small-cap stock has reached the upper circuit.
The recent price rise is mainly due to the company’s plans for expansion.
Today, Tuesday, the shares of the company hit a 2% upper circuit on the BSE, touching ₹94.09.
For the last seven trading sessions, the stock has consistently hit the upper circuit. In the last one month, the share price has increased by 50%.
Company Plans Expansion
Aayush Wellness has shared its expansion plans. Initially, it will invest ₹25 crore for this. The company has opened its first healthcare center in Virar, Mumbai.
It has also installed a health ATM there, which can carry out various health tests in just 2 to 3 minutes.
Stock in the Spotlight
In just one month, the company’s share price has risen by 54%. In the past three months, it has gone up by 76%. Over the last year, this small-cap stock has gained 400%.
The stock’s 52-week high is ₹138.24, while the 52-week low is ₹14.63.
The current market capitalization of the company is ₹457 crore. In the past two years, the share price has jumped by over 5000%.
Bonus Shares Issued
In December last year, Aayush Wellness gave bonus shares to its investors. For every 2 shares held, investors got 1 bonus share.
In 2024, the company also carried out a stock split, dividing each share into 10 parts. After the split, the face value of each share became ₹1.
Strong Market Performance
In the last month, Aayush Wellness shares have jumped 54%. In three months, they are up 76%. In the last one year, the stock has risen by 400%.
The 52-week high of the stock is ₹138.24, and the low is ₹14.63. The market cap stands at ₹457 crore. In the last two years, the stock has surged by more than 5000%.
