After the first wave of Covid-19 in the market, a handful of stocks in the Indian stock market have become multibagger stocks. Some penny stocks are also included in this list of multibagger stocks. Gopal Polyplast is one such multibagger penny stock, which has gained from Rs 4.45 to Rs 998.45 per share in the last one year. Around 22,300 per cent returns have been registered during this period.
Gopala Polyplast Share Price History
This multibagger stock of 2021 has hit a 5 per cent lower circuit today and there has been no buyer of the stock since last 5 trading sessions. After falling from the level of around Rs 1225 per share, the stock has lost 18.50 per cent in the past one week. However, in the last one month, this multibagger penny stock has risen from Rs 535.10 to Rs 998.45 per share level. There has been an increase of about 86 percent in this period.
Over the past 6 months, this penny stock has risen from Rs 14.75 to Rs 998.45 per stock level, up nearly 6,670 percent. Year-on-year i.e. in 2021, this penny stock moved up from the level of Rs 8.26 to reach Rs 998.45 per stock level. It gave a return of about 12,000 percent to its shareholders during this period.
Similarly, in the last one year, the share price of Gopala Polyplast has increased from the level of Rs 4.45 per share to Rs 998.45 per stock, which has increased almost 224 times in just one year.
impact on investment
Taking cues from Gopala Polyplast’s share price history, if an investor had invested Re 1 lakh in this penny stock a month ago, his Rs 1 lakh would have become Rs 1.86 lakh today.
If the investor had invested Rs 1 lakh in this multibagger stock 6 months ago and the investor had invested in this stock till date, then its Rs 1 lakh would have become Rs 67.67 lakh today.
Similarly, if an investor had invested Rs 1 lakh in this stock in early 2021 at the level of Rs 8.26, his Rs 1 lakh would have become Rs 1.21 crore today.
Similarly, if the investor had invested Rs 1 lakh in this multibagger penny stock a year ago by buying shares of the company at Rs 4.45 per share and had invested in this counter during this period, then its Rs 1 lakh was Rs 2.24 crore. Today would have been Rs.
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