Authum Investment net profit increases by 3,253% in Q1

Authum Investment & Infrastructure Ltd engaged in fund-based activities, reached a 52-week high of ₹1,218.8 per share after reporting an increase of 3,253% in net profit and 2,214% in revenue YoY. The company's strong liquidity, low price-to-earnings ratio, and healthy return ratios further contributed to the positive sentiment towards the stock.