Anand Rathi Wealth Shares Soar to Record High of ₹2,940 Amid Robust Trading
Anand Rathi Wealth's shares reached a record high of ₹2,940, rising over 5%. Trading volume increased significantly to 4 lakh shares, compared to the 20-day average of 80,000. The stock gained 11.90% in August and 50.00% year-to-date. The company issued a 1:1 bonus share and announced a ₹7.00 per share dividend. Since its IPO in December 2021 at ₹550.00, the stock has gained 434.50% when adjusted for bonus shares. The company is considering future bonuses and increased dividends. Analyst coverage includes one 'buy' and two 'hold' ratings.

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Shares of Anand Rathi Wealth reached new heights, surging over 5% to touch a record high of ₹2,940. This marks the second consecutive day of gains for the wealth management firm's stock.
Strong Trading Volume
The stock witnessed a significant uptick in trading activity, with the volume reaching 4 lakh shares. This represents a substantial increase compared to the 20-day average of 80,000 shares, indicating heightened investor interest.
Consistent Performance
Anand Rathi Wealth has demonstrated strong performance in recent months:
- The stock posted its fourth consecutive monthly gain in August, with an 11.90% increase.
- Year-to-date, the stock has gained an impressive 50.00%.
Shareholder Rewards
The company has taken steps to reward its shareholders:
- A 1:1 bonus share ratio was issued.
- A final dividend of ₹7.00 per share was announced.
Future Outlook
Joint CEO Feroze Azeez provided insights into the company's future plans:
- Internal discussions are ongoing about potentially issuing bonuses every two to three years.
- There's an aspiration to pay a ₹14.00 dividend on expanded shares.
IPO Success Story
Anand Rathi Wealth's stock has shown remarkable growth since its initial public offering (IPO):
- The IPO was launched in December 2021 at ₹550.00 per share.
- When adjusted for bonus shares, the stock has gained 434.50% since its listing.
Analyst Coverage
The stock is currently covered by three analysts:
- One 'buy' rating
- Two 'hold' ratings
This balanced analyst view suggests a mix of optimism and caution regarding the stock's future performance.
Metric | Value |
---|---|
Record High | ₹2,940.00 |
Trading Volume | 4.00 lakh shares |
20-day Average Volume | 80,000 shares |
August Gain | 11.90% |
Year-to-Date Gain | 50.00% |
Bonus Share Ratio | 1:1 |
Final Dividend | ₹7.00 per share |
IPO Price (Dec 2021) | ₹550.00 per share |
Gain Since IPO (Adjusted) | 434.50% |
Investors should note that past performance does not guarantee future results, and it's advisable to conduct thorough research and consider one's financial goals before making investment decisions.
Historical Stock Returns for Anand Rathi Wealth
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
---|---|---|---|---|---|
-0.33% | +5.73% | +10.48% | +41.29% | +50.36% | 0.0% |