During the boom in the market after the second wave of Corona epidemic, there have been many such stocks which have been seen giving multibagger. In this bounceback, there have been many BSE SME stocks in the Indian stock market which have outperformed. One such newly listed stock made its debut on 7th April 2021 on BSE SME Exchange. This BSE SME Multibagger stock has increased from Rs 147 to Rs 8576 in 9 months. It has given a return of around 5,750 per cent during this period.
This Multibagger BSE SME stock was put up for bidding in March 2021 with an issue price of Rs 100-102. The lot size of this SME IPO was 1200 shares, this means that the minimum investment to be made in this IPO was Rs 1,22,400.
This SME stock was listed on BSE SME on 7 April 2021 at Rs 140 i.e. those who were allotted shares in the IPO got a listing gain of 40 percent. After listing this
In SME stock, the share closed at Rs 147 on the same day. Here is the name of the stock we are talking about EKI Energy Services, Currently this stock is trading around Rs 8576.
If you look at the share price history of this Multibagger SME stock, then in the last 1 week this stock has run up 22.50 percent with 5 consecutive days of upper circuit. At the same time, in the last 1 month, this stock of BSE SME has increased from Rs 5,480 to Rs 9928. This stock has seen a rise of about 80 percent in a period of one month. At the same time, in the last 6 months, this stock has increased from Rs 688 to Rs 9,928. It has given a return of 1350 per cent to its shareholders in this period.
The stock has gone up to Rs 9928 from Rs 147 on the day of its listing and has given returns of 67.53 times during this period. However, if we look at the allotment price of IPO, then this stock has increased from Rs 102 to Rs 9928 in about 9 months. It has shown an increase of 97 times in this period.
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Now if we look at the 9 months journey names of this stock, then if someone had invested 1 lakh rupees in this stock 1 week ago, then 1.22 lakh rupees would be getting. If someone had invested Rs 1 lakh in it 1 month back, in the same way, they would have been getting Rs 1.88 lakh. On the other hand, if someone had invested Rs 1 lakh in this stock 6 months ago, then today he would have been getting Rs 14.50 lakh.
If someone had invested Rs 1 lakh in this stock at the rate of Rs 147 per share on the day of listing of this stock, then today he would have been getting Rs 67.50 lakh.
If we look at the shares of EKI Energy on the basis of allotment in the IPO, then those who have been allotted 1 lot of the lowest Rs 1,22,400 in this IPO and the investor must have remained in the shares of the allotment of IPO till now, then Rs 102 per These shares, found on the share price, would have gained 97 times so far. This means that the investment of 1 lot of Rs 1,22,400 has gone up to Rs 1.19 crore today.
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