New Delhi, Feb. 11 -- Shares of Eraaya Lifespaces have witnessed a remarkable surge in recent years, consistently breaking record highs and achieving significant milestones. The company's shares, which were priced at just Re 0.76 apiece five years ago, have skyrocketed an incredible 12,307%, currently trading at Rs.94.3 apiece.
At the stock's peak price of Rs.304, achieved in early October, the returns were even more astounding, reaching 40,000%.
For perspective, an investor who invested Rs.1 lakh in the stock five years ago and held onto the investment until now would have seen its value grow to Rs.1.24 crore. The company's shares have been trading on an ex-split basis in the ratio of 1:10 since December 2024.
On Monday, the company a...
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