Multibagger Stock: Shares of this digital marketing company surged nearly 3500% in one year

Shares of Brightcom Group (BCG) Ltd has been locked in 5 per cent upper circuit on the BSE in Tuesday's Intraday trade. The shares have been hitting upper circuit day after day with certain exceptions in the last three months.  

BCG stocks have surged whooping 3500 per cent in the last one year as on December 8, 2021, as per Stock Edge, an app to analyse NSE, BSE data.  

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Technical data at Stock Edge shows that the shares of the digital marketing company jumped 10.87 per cent in a week time, 84.44% in a month, over 300 per cent in three months, 1400 per cent in six months and massive 3438 per cent in the last one year as on Wednesday.  

From 52-week low of Rs 3.82 per share on December 15, 2020, the shares soared to Rs 145.50 per share on the BSE on Wednesday. The shares surged Rs 6.90 per share or Rs 4.98 per cent on its previous closing of Rs 138.60, which it hit on December 7.  

Source: Stock Edge

Earlier, in a another shot in the arm, Brightcom Group Limited acquired MediaMint, digital consulting and operations services company for Rs 566 crore on December 7, as per NSE filing of the company.  

"Pursuant to Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, we hereby inform the Exchanges that the Company has entered into a definitive agreement today to acquire 100% of Vuchi Media Private Limited, operating under the brand name of MediaMint," BCG said in a regulatory filing.  

MediaMint is an end-to-end digital consulting and digital operations provider specialising in Ad Operations, Campaign Management, Creative Services, Data Analytics, Platform Support, Dev Ops, and more.

Incorporated in Jan-1999, Brightcom Group is an Ad-Tech and Software Development Company, actively engaged in providing technical and economical solutions to Digital Advertisement,

Marketing and Information Management sectors through tech, New Media, and IoT based businesses across the globe, primarily in the digital ecosystem.