Multibagger stock: The Indian market has given great returns to its investors in 2020-21 despite facing pressure due to the COVID 19 pandemic. The increasing number of investors in the secondary market has also contributed heavily to the market. In such a situation, a large number of multibagger stocks have been seen in 2020-21, in which many penny stocks have also been there.
The stock of Sindhu Trade Links is one such stock. This stock listed on BSE has rallied more than 1750 per cent in the last 1 year but this is not the only year when this stock has given such excellent returns. This stock has a history of giving alpha returns. In the last 5 years, the share of Sindhu Trade Links has increased from Rs 1.69 to Rs 132.10. In the last 5 years, it has seen a return of 7700 percent.
In the last 1 month, this stock has increased from Rs 121.50 to Rs 132.10. In one month, this stock has rallied about 10 percent. Similarly, in the last 6 months, this stock has increased from Rs 14.87 to Rs 132.10. This stock has given 800% return in 6 months. In the last 1 year, this Multibagger Penny stock has increased from Rs 7.11 to Rs 132.10. It has shown an increase of 1750 percent in 1 year.
Similarly, in 5 years, this stock has increased from Rs 1.69 to Rs 132.10. That is, it has seen an increase of 78 times in this period.
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If we look at the journey of this stock, if an investor had invested Rs 1 lakh in this stock 1 month ago, then today he would have been getting Rs 1.10 lakh. On the other hand, if someone had invested Rs 1 lakh in this 6 months ago, he would have been getting Rs 9 lakh, whereas if someone had invested Rs 1 lakh in this stock 1 year ago, he would have been getting Rs 18.50 lakh today.
Similarly, if someone had invested Rs 1 lakh in this stock 5 years ago, then today he would have been getting Rs 78 lakh.
Let us inform that the current market cap of Sindhu Trade Links Ltd is ₹ 6,790 crores. While its trade volume is around Rs 2 lakh, which is much higher than its 20-day average volume of Rs 1.70 lakh. The stock’s 52 week low is at Rs 5.32 while its 52 week high is at Rs 166.20.
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