One of the mid-cap stocks engaged in the business of fund-based activities, such as investment in shares, securities, mutual funds, and providing loans and advances. The stock has skyrocketed by 9.89 percent after acquiring a 42.31% Stake in Prataap Snacks Limited
Stock Price Movement:
In Wednesday’s trading session, Authum Investment and Infrastructure Limited’s share jumped to an intraday high of 9.89 percent from the previous close of Rs. 1,703.70. The stock opened at Rs. 1,755 and is currently trading at Rs. 1,863.10, with a high of Rs. 1,872.35 and a low of Rs. 1,720.80. The market capitalization now stands at approximately Rs. 31,662.52 crore.
What Happened:
Authum Investment & Infrastructure Limited has announced its plan to acquire a 42.31% stake in Prataap Snacks Limited (PSL) by executing a Share Purchase Agreement.
Additionally, the company will make an open offer for up to 62,98,351 equity shares, representing 26.01% of PSL’s voting share capital.
Products and Services Offering:
Authum Investment & Infrastructure Limited offers a diverse range of financial services, including investments in shares, mutual funds, and private equity. Additionally, the company provides loans, structured financing, and secured lending, delivering tailored solutions to meet client needs and enhance capital growth.
Also read….
Recent quarter results and ratios:
Authum Investment and Infrastructure Limited’s revenue has increased from Rs. 973 crore in Q2 FY24 to Rs. 1,091 crore in Q2 FY25, which has grown by 12.13 percent. The net profit of Authum Investment and Infrastructure Limited has also grown by 7.11 percent, from Rs. 788 crore in Q2 FY24 to Rs. 844 crore in Q2 FY25.
Authum Investment and Infrastructure Limited’s revenue and net profit have grown at a CAGR of 111.21 percent and 178.75 percent, respectively, over the last three years.
In terms of return ratios, the company’s ROCE and ROE should be 39.3 percent and 44 percent, respectively. The debt-to-equity ratio of the company is to be 0.03x, which shows the company is almost debt-free. Authum Investment and Infrastructure Limited’s EPS is to be Rs. 238.
Shareholding pattern
In September 2024, Authum Investment and Infrastructure Limited had a majority stake held by the promoters at 74.95 percent, foreign institutional investors at 7.29 percent, domestic institutional investors at 0.01 percent, and the public at 17.76 percent
Company Overview:
Authum Investment and Infrastructure Limited was established in 1982 and is an Indian non-banking financial company (NBFC) engaged in investment and lending activities. The company specializes in investments in shares, securities, private equity, and real estate and also provides structured financing and loan solutions.
Written By – Nikhil Naik
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
Start Your Stock Market Journey Today!
Want to learn Stock Market trading and Investing? Make sure to check out exclusive Stock Market courses by FinGrad, the learning initiative by Trade Brains. You can enroll in FREE courses and webinars available on FinGrad today and get ahead in your trading career. Join now!!
