24 lakhs became a share of one lakh, whoever bought more than expected returns

Multibagger stock: It is said that the stock market is also a game of luck. If investors drown in a stock, then they get more returns in a stock than expected. One of these is the shares of Big Block Construction, the only company listed in the stock market making Autoclaved Areded Concrete blocks. It has given very good returns to investors in the last few years.

The shares of this company were getting at the rate of Rs 2.81 in April 2020, but after five years its price has been 67.03 rupees. That is, whoever applied one lakh rupees in the share of Big Block Construction, has increased to 24 lakh rupees after five years.

Return

If we look at the one -year performance of the share of this company, it was at Rs 148.50 on 16 October in 2024, while in February this year the low level of the year came to 58.90.

In the year 2015, a company AC block is included in the country’s major companies. The annual production capacity of this company is about 1.3 million cubic meters. The shares of this company were broken into five parts in August 2021. After this, its face value fell from Rs 10 to Rs 2. A bonus was also announced on a stock in July 2024 by the company.

Disclaimer: (The information provided here is being given only for information. It is necessary to tell here that the investment in the market is subject to risks. Always consult expert before investing as an investor. Abplive.com is never advised to invest money here.)

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