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Multibagger Stock: The risk of investing money in the stock market is not a matter of everyone, especially for new players. In this, while on one side, the decision has to be taken according to the market, on the other hand, patience also matters a lot. Today we are going to tell you about the multibagger share, which has rained money within a year. Made investors a millionaire. Yes.
Millionaire in a year
On the last trading day of the previous week, on Friday, its stock closed at Rs 571.05 with a 52 -week high or 5 per cent jump. The price of this stock was just Rs 11. But within a year, with a tremendous return of 5000 percent, investors have been given tremendous profits. Last week, this stock had risen nearly seven percent, while in a month it went up nearly the percentage.
If someone had invested one lakh rupees in the stock of Eltekon International Limited six months ago, then today its price would have been about seven and a half lakhs, that is, there was a benefit of six and a half lakhs on investment of one lakh rupees. Meaning, 655 percent of the returns have been given in six months.
Share did rich
It can be understood that if someone had invested one lakh rupees in the stock of this company, it would have been priced at Rs 50 lakh if it got more than 5000 percent returns in a year. A year ago, where the price of this stock was Rs 11, now it is more than Rs 571. Obviously, this is a chance for investors to get great returns.
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.)
