Stock Hits Upper Circuit Limit, Surges to Rs 16

Some shares in the stock market have shown remarkable growth, doubling or even more in value within a year.

One such stock, SAB Events & Governance Now Media Ltd, has delivered a massive return of over 284% to its investors in just one year.

Recently, this stock has been hitting its upper circuit limit frequently. On November 27, it hit the upper circuit again, pushing its price to ₹16.7. Let’s explore more about this multibagger stock.

Key Details About SAB Events & Governance Now Media Ltd

SAB Events & Governance Now Media Ltd is listed on both BSE and NSE. Below are some important details about the stock:

This stock has been hitting its upper circuit in recent days. As of November 27, the stock reached a price of ₹16.7 after hitting the upper circuit again. Let’s take a closer look at this multibagger stock.

Market Cap: ₹17.3 crore

Face Value: ₹10

ROCE (Return on Capital Employed): -23.3%

Book Value: -₹1.80

52-Week High: ₹17.7

52-Week Low: ₹4.25

The stock has gained attention due to its rapid price increase, with consistent upper circuit hits.

What Does the Company Do?

SAB Events & Governance Now Media Ltd works in the digital media industry.

The company focuses on running digital media websites and organizing MICE (Meetings, Incentives, Conferences, and Exhibitions) events.

It is always advisable to consult a financial expert with extensive stock market knowledge before making any investment decisions.

Should You Invest in This Stock?

Investing in penny stocks like this can be risky. It’s important to consult a financial expert with stock market knowledge before making any decisions.

This information is shared for awareness only. Always consider all factors carefully before investing in such stocks.

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