boAt Stock/Share Price | Buy and Sell Opportunities 2023 |

boAt is an Indian consumer electronics company that designs, manufactures, and markets audio and wearable products. The company was founded in 2016 by Aman Gupta and Sameer Mehta. boAt has quickly become one of the leading brands in India in the audio and wearables market. In 2022, the company filed for an initial public offering (IPO) and raised ₹2,000 crore (US$260 million).

boAt’s share price has been on a tear in recent months. The stock has more than doubled in value since the IPO. As of May 23, 2023, the stock is trading at ₹760 per share.

There are a number of factors that are driving boAt’s share price higher. First, the company is growing rapidly. In the financial year 2022-23, boAt’s revenue grew by 60% to ₹1,600 crore (US$200 million). The company is also expanding its product portfolio and entering new markets.

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