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Tuesday, October 26, 2021

Multibagger Stock: These stocks filled the bags of investors, do you have them?

There are some such stocks in the stock market, which have made a lot of money to the investors. These stocks have proved to be a multibagger for the investors. They have been doing well despite the COVID 19 pandemic.

Veteran investor and billionaire Warren Buffett says, “If you are not thinking of holding a stock for 10 years, then don’t even think of holding it for 10 minutes.” Today we are telling you about 5 such stocks, in which people investing Rs 1 lakh have become millionaires today.

Avanti Feeds: The stock of Avanti Feeds has proved to be a return machine for investors so far. The company’s shares were at a level of Rs 1.6 in April 2010. The company’s shares closed at Rs 580.15 on 7 October 2021. Shares of Avanti Feeds have given returns of over 35,000 per cent in the last 11 years. If a person had invested Rs 1 lakh in the company’s stock in the year 2010, then today this amount would have become Rs 3.5 crore.

Bajaj Finance: The shares of Bajaj Finance were at Rs 33 in April 2010, which closed at Rs 7,747.90 on 7 October 2021. In the last 11 years, the company’s shares have made tremendous gains to investors. The shares have given returns of over 22,650 per cent during this period. If an investor had invested Rs 1 lakh in the company’s stock in April 2010, the amount as on date would have been Rs 2.3 crore.

In these 6 stocks, KR Choksey expects a rise of 6-31 percent

Atul Limited: Shares of Atul Limited were trading at a level of Rs 91.3 in the year 2010. On 7 October 2021, the company’s shares closed at Rs 10,400.00 on BSE. The shares of the company have given returns of more than 10,000 per cent in the last 11 years. If an investor had invested Rs 1 lakh in the company’s stock in the year 2010, its valuation would have been more than Rs 1 crore at present. It is a diversified and integrated chemical company.

PI Industries Ltd: Shares of PI Industries Company stood at Rs 31 in April 2010. On 7 October 2021, the company’s shares have closed at Rs 3,241.00 BSE. Shares of PI Industries have given returns of more than 10,700 per cent to investors in the last 11 years. That is, if a person had invested Rs 1 lakh in the stock of PI Industries in April 2010, then today this amount would have been close to Rs 1.1 crore. The company is one of the largest players in the agro-chemical segment.

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Astral Poly TechShares of Astral Poly Tech Company were trading at a level of Rs 12.6 in April 2010. On 7 October 2021, the company’s shares closed at Rs 2,240.00 in BSE. The company’s shares have given returns of more than 16,700 per cent in the last 11 years. If an investor had invested Rs 1 lakh in the company’s shares in April 2010, today the amount would have been close to Rs 1.7 crore. Please tell that this is a company related to plastic products.

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Shehnazhttps://www.businesskhabar.com/
Shehnaz is a Corporate Communications Expert by profession and writer by Passion. She has experience of many years in the same. Her educational background in Mass communication has given her a broad base from which to approach many topics. She enjoys writing about Public relations, Corporate communications, travel, entrepreneurship, insurance, and finance among others.
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