Multibagger stock: aInvesting in well-traded companies often gives you good returns in the long run. Its investors get the benefit of compounding. Since stock market investment is also similar to investing in any business, investors should stay for a long time by investing in good fundamentals and good business model companies, only then they get the right benefit of their investment. The stock of Divi’s Lab is a great example of this. Anyone who must have shown patience after investing in this stock. This share has made him rich. The stock of Divi’s Lab closed at Rs 9 on NSE on 13 March 2003 while the stock closed at Rs 4105 on 1 February 2022. This stock has given a return of 456 times in this period of about 19 years.
The stock of Divi’s Lab has been under selling pressure since last 6 months. The stock has lost 12 per cent in the last one month, while the stock has lost 17 per cent in 6 months. However, in the last 1 year, this stock has increased from Rs 3550 to Rs 4105, showing a growth of 16 percent. At the same time, in the last 5 years, this stock has given multibagger returns to its shareholders and it has increased from about Rs 760 to Rs 4105. In 5 years, the stock has rallied around 440 per cent.
Similarly, in 10 years this multibagger has increased from ₹ 390 to ₹ 4105. It has shown an increase of 950 per cent in this period. Similarly, in 19 years, this stock has increased from Rs 9 to Rs 4105. It has given a return of 45,500 per cent during this period.
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Now if an investor had invested Rs 1 lakh in this multibagger pharma stock 1 year ago, he would have been getting Rs 1.16 lakh today. On the other hand, if someone had invested Rs 1 lakh in this stock 5 years ago, then today he would have been getting Rs 5.40 lakh. On the other hand, if someone had invested Rs 1 lakh in this stock 10 years ago, then today he would have been getting Rs 10.50 lakh.
Similarly, if an investor had invested Rs 1 lakh in this stock 19 years ago at Rs 9 per share, then today he would be getting Rs 4.56 crore.
What Experts Opinion on Divi’s Lab
Market experts are still bullish on this pharma stock. He believes that in the short term this stock can touch the level of Rs 4300. Sumeet Bagadiya of Choice Broking says that the chart pattern looks quite good. Momentum buying can be started in this stock and more buying can be done in it gradually. For this buy put a stop loss below ₹4000 and take profit when it reaches around Rs 4250-4300.
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