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Investment of Rs 7 changed to Rs 919, this stock gave 1.2 crore worth 1 lakh in 19 years

Investment of Rs 7 changed to Rs 919, this stock gave 1.2 crore worth 1 lakh in 19 years

Aug 09, 2022 | 12:51 PM

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The talk of stock or stock market is unique. When a king becomes a king and when the rake cannot be said. But experts definitely say one thing that keep waiting by putting money in the stock, then the fruit definitely gets sweet. That is, if you keep investing for a long time, the stock gives you a lot of money. And the same situation is also seen in Penny Stock. Penny stocks are purchased and sold for a few rupees, but keep investing in it, if the long term remains, then the same Penny Stock turns into multibagger stock. What can be the benefit of investing the term. Radico Khaitan can see the stock to know this. Despite all the ups and downs, this stock has been giving benefit to its investors. Stock market multibagger stock has been made in recent years, including Radico Khaitan's name. Looking at its history 19 years ago, it used to get Penny stock for 7.60 rupees. But today Radico Khaitan has a share price of Rs 919. This means that the price of the same share has increased to Rs 919. That is, the price of the investor has increased by 120 times.

last year, the price of this stock reached Rs 855 to Rs 919. In a year, there was an increase of 8 percent in the share price. In the last 5 years, this stock has reached Rs 140 to Rs 919, which shows an increase of 560 percent during this period. In the last 19 years, this stock has increased from Rs 7.60 to Rs 919. This increase is 11,990 percent.

Now let's know how investors earned from Radico Khaitan. If an investor has imposed 1 lakh rupees in the stock of Radico Khaitan 1 year ago, then the price of his share has become 1.08 lakh rupees today. If 1 lakh rupees has been invested in this stock 5 years ago, then today its price has become 6.60 lakh rupees. Accordingly, if an investor has imposed 1 lakh rupees in the stock of Radico Khaitan 19 years ago, then his investment has reached Rs 1.20 crore today.

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August 9th 2022, 7:25 am
Amitesh Kumar
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