Multibagger Stock: If you have patience and you can wait, then you can earn bumper from the stock market. Stock market investors hoping for multibagger stocks for the year 2022 should know that there is no shortcut to making money. The basic mantra to make money from the stock market is ‘patience’. Many stocks have made it to the list of multibagger stocks in India in the last two years, but that doesn’t mean you will get multibagger returns on a regular basis.
While investing in the stock market, there is a need to adopt a buy, hold and forget strategy. The reason for this is that the money is not in buying and selling of shares but in holding. Therefore, one should try to hold any stock for a long time. Investors can get huge returns in stocks for long term.
Similarly, the stock of Bajaj Finance is a better example of this. This stock of Bajaj Group increased from Rs 29.18 on 11 February 2010 to Rs 7,148 on 4 February 2022 on NSE. The stock has given a return of 24,400 per cent in about 12 years.
A look at the shares of Bajaj Finance
According to the news published in Live Mint, this stock of Non-Banking Finance Company (NBFC) has been under selling pressure for the last one month. During this period, this stock has fallen from about Rs 7,750 to Rs 7,148. It recorded a decline of 8 per cent during this period. In the last 6 months, the shares of Bajaj Finance rose from around Rs 6,225 to a level of Rs 7,148. It has increased by 15 percent during this period.
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In the last one year, the share price of this subsidiary company of Bajaj Finserv has increased from about Rs 5,500 to Rs 7,148 level. Due to which its shareholders have got a return of 30 percent. Similarly, the share price of Bajaj Finance has increased from Rs.1,090 to Rs.7,148 levels in the last 5 years. There has been an increase of 575 percent in this period.
245 times increase in 12 years
Similarly, in the last 10 years, the multibagger stock has risen from Rs 79.20 to Rs 7,148, registering a growth of nearly 90 times in the last decade. However, the stock has risen nearly 245 times in the past 12 years.
See profit by amount
According to the share price pattern of Bajaj Finance, if an investor had invested Rs 1 lakh in this share of Bajaj Group 1 year ago, then his Rs 1 lakh would have become Rs 1.29 lakh today. If an investor had invested 1 lakh in this stock 6 months ago, then today his Rs 1 lakh would have become Rs 1.15 lakh. If an investor had invested Rs 1 lakh in this multibagger stock 5 years ago, then today his Rs 1 lakh would have become Rs 6.75 lakh. Happens. Similarly, if an investor had invested in this multibagger stock 10 years ago and had maintained the investment till this period, his Rs 1 lakh would have become 90 lakh lakh today. Whereas in the last 12 years, an investment of 1 lakh would have become Rs 2.45 crore.
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