🟢 At a Glance:
A little-known stock went from penny trash to multibagger gold — ₹4 to ₹48 in 9 months. That’s a 1,100%+ return, making even Nifty bulls cry. But here’s the kicker: buried deep in the audit report is a line that should terrify retail investors. Let’s decode this meme-turned-nightmare.
🏢 About the Company:
Let’s call it XYZ Multibags Ltd. (because even the name smells like a pump).
- Sector: IT/Infra/Solar/EV — depends on the quarter
- Market Cap: ₹500 crore (on steroids from ₹30 cr last year)
- Promoter holding: 34% — and falling
- Retail holding: 59% — 🙃
Founded in 2013, it pivoted 6 times in 6 years. Started in metal pipes, moved to cloud computing, now claims it’s “India’s leading AI-enabled EV
