Shares of a company providing business news desk and software consultancy services have made investors happy by giving strong returns in just one year. A year ago the share price was not even Rs 8 but now it has reached the level of Rs 233. This share is Artificial Electronics Intelligent Materials. The old name of the company was Datasoft Applications Software (India) Limited. It is engaged in software consultancy services and computer facilities management activities. The market cap of the company is Rs 395 crore. The face value of the share is Rs 10.
3000 percent return in one year
The share price of Artificial Electronics Intelligent Materials was at Rs 7.52 on BSE on January 24, 2024. The share closed at Rs 233.25 on January 24, 2025. Meanwhile the return was 3001.7 percent. In such a situation, the amount of Rs 25,000 invested in the shares at the price of one year ago would have become more than Rs 7 lakh, provided the shares were not sold in between. Similarly, an investment of Rs 50000 would have become Rs 15 lakh and the amount of Rs 1 lakh would have become Rs 31 lakh.
Artificial Electronics Intelligent Material rose 175% in 6 months
According to BSE, the stock has strengthened by 175 percent in the last 6 months. At the same time, the price has come down by 22 percent in just one week. The stock has seen a decline of 38 percent so far in the month of January. Promoters held 35.14 percent stake in the company by the end of December 2024. The stock had seen a 52-week high of Rs 440.60 on December 23, 2024 on BSE. The 52-week low of Rs 7.89 crore was recorded on January 29, 2024.
Profit in September quarter Rs 21 lakh
According to data available on BSE, the standalone revenue of Artificial Electronics Intelligent Material in the July-September 2024 quarter stood at Rs 3.62 crore. Meanwhile, net standalone profit was recorded at Rs 21 lakh. Standalone revenue stood at Rs 2.43 crore and net standalone profit at Rs 17 lakh in FY2024.
