Multibagger drone stock Rattanindia Enterprises hits all-time high. Rallies 150% in FY24

livemint.com:

Multibagger stock: Shares of Rattanindia Enterprises Ltd are one of the multibagger stocks that Indian stock market has produced in current financial year. After bottoming out at around ₹33 apiece levels at the end of March 2023, this drone maker stock has risen to a new high of ₹81.60 apiece levels on NSE during Friday deals, delivering around 150 per cent return in FY24. RattanIndia share price had hit new high on Thursday session as well.

However, after touching new high on Thursday, RattanIndia share price today opened upside and went on to hit new life-time high of ₹81.60 per share levels during early morning deals. So, this drone maker stock has been hitting all-time high for two days in a row. Also Read: HAL share price: PSU defence stock at all-time high.

Do you own? In last one month, RattanIndia share price has appreciated from near ₹51 to ₹81.60 per share levels, logging over 50 per cent rise in this time. In last six months, this drine stock has shot up from around ₹38.50 to ₹81.60 per share levels, ascending to the tune of over 100 per cent in this time horizon. Likewise, in 2023, this multibagger stock has given around 80 per cent YTD return to its positional investors.

Also Read: Tata Technologies IPO to close today. Should you apply on last day? In FY24, RattanIndia share price has risen from around ₹33 to ₹81.60, delivering 150 per cent return to its positional investors. However, at the beginning of FY22, this drone stock was at around ₹5.50 apiece levels.