Multibagger Stock: Kubera's treasure became a magical stock of 7 rupees, 1 lakh made 1.2 crore
Multibagger Stock: The stock market investors have a special eye on multibagger stock. In this sequence, a multibagger stock has performed brilliantly. If the business model and fundamental of this company is strong, then it is beneficial to include and maintain the stock of that company in its portfolio. Let us know in detail. But returns are also found here. Some multi -bagger shares give tremendous returns to their investors. It is very important for those who invest money in the stock market. One such stock is Radico Khaitan which has made its investors a millionaire. This stock has rained money on its investors.
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Radico Khaitan's share has once again expressed that a company's business model and fundamental is strong, so the stock of that company is included in its portfolio It is beneficial to do and maintain it. If an investor had invested in it 19 years ago and maintained his investment, then today this multibagger stock has given a strong return of Rs 1.20 crore in exchange for Rs 1 lakh.
sold in a year
Now look at the history of this stock, for the last one year, selling has dominated this stock. But it is included in the multibagger stocks which is the gift of the Indian stock market. Let us tell you that 19 years ago, Radico Khaitan's share was a penny stock and its price was Rs 7.60. Whereas today the price of this stock is Rs 919. That is, according to this, this stock has increased the money of investors by 120 times in 19 years. According to a report by
Live Mint, this stock has increased by only 8 percent in the last one year. During this period, its stock has reached Rs 855 to Rs 919. But in the last five years, this stock has risen 560 percent and it has traveled from Rs 140 to Rs 919. Whereas in the last 19 years, this stock has given a return of 11,990 per cent to investors and Radico Khaitan shares have climbed from Rs 7.60 to Rs 919.
one lakh became 1.2 crore.
Now let's talk about the return, then if an investor had invested one lakh rupees in the stock of RadiCo Khaitan a year ago and maintained his investment, then today he is getting 1.08 lakh rupees, but if If someone had invited one lakh rupees in this stock five years ago, then his investment would have increased to Rs 6.60 today, while if an investor had bought Radico Khaitan shares by applying one lakh rupees at a level of 19 years ago i.e. at a level of Rs 7.60 ago, then Today that investor has become a millionaire and today he has become Rs 1.2 crore.
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