Stock of this wealth management company has zoomed 139% in 4 months

Shares of Anand Rathi Wealth hit a new high of Rs 2,075, surging 9% in Wednesday's intraday. It has zoomed 196% thus far in the calendar year 2023

Shares of Anand Rathi Wealth hit a new high of Rs 2,075 as they rallied 9 per cent on the BSE in Wednesday's intraday trade, in an otherwise subdued market. The stock of the financial products distributor company surpassed its previous high of Rs 1,971.95 touched on October 9. In comparison, the S&P BSE Sensex was down 0.19 per cent at 63,754 at 10:51 AM.

The stock price of the company has zoomed 139 per cent in the past four months on the back of strong earnings for the first half (April to September) of the financial year 2023-24