Multibagger Stock: Some good stocks are kept aside due to doubts about the profits in small stocks. At the same time, in some stocks that have very low value, investors sometimes invest in stocks without paying attention to the fundamentals and performance of the company.
But.. small cap stocks bought after doing some research have given bumper returns to investors. If you are also thinking of investing money in the market then it is better to do proper research and choose the shares. Over the past year, many small cap stocks have made investors rich. Today we will tell you about one such stock which has given investors more than 1200 percent returns. Renowned investor Porinju Veliyatha also invested in this stock.
Soaring in profits.. So far we have talked about Orient Bell (Orient Bell) shares. It is a stock belonging to the small cap segment. Orient Stock has given bumper returns to its investors in a timely manner. In this order, the share price has been increasing from the level of Rs.53.75. The stock gained more than 10 percent to trade at Rs 765 at 11.25 am on the NSE today. At the end of last month, Crisil revised the company’s credit rating and the stock market is soaring like a rocket.
Returns in a period of two years.. The company’s share rose by 20 percent in the last week. At this time the stock of the company was Rs. 120.95. Apart from this, if we look at the last one year period, the company’s shares have increased by 104.53 percent during this time. During this time, the company’s share increased by Rs.358.75. Today the company’s share is trading at the level of Rs.765 in the market. The company’s share on 29 May 2020 on NSE was trading at Rs. 53.75. That means the stock has increased more than 14 times in these two years. Over the same five-year period, the share has returned 150.79 percent.
Return on investment like this.. If an investor had invested Rs 1 lakh in this multibagger stock at the beginning of last week’s session.. then it would have been worth more than 1.20 lakhs. If an investor invests 1 lakh in this stock at the beginning of the new year 2022.. Now its value is Rs. 2.05 lakhs. Similarly.. if an investor invested 1 lakh in this stock a year ago.. now they are worth Rs. It would have been 2.25 lakhs. If you had invested Rs 1 lakh in this multibagger stock two years ago, it would have been worth more than Rs 14 lakh today.