Patience gives good returns in the stock market. According to the money magnate of the market, if an investor cannot hold a stock for 10 years, he does not have the right to hold that stock for even ten minutes. Quality Pharma (Kwality Pharma) Shares are an example for those who want to know how much money a long term investment makes to an investor. This pharma stock has given stupendous returns to its shareholders in the last one month and even before that this stock has a record of giving excellent returns.
According to the news published in Mint, in the last 5 years, this pharma stock has increased from Rs 21.75 per share (closing price on 28 September 2016 on BSE) to Rs 878.90 per share (closing price on 1 October 2021 on BSE) i.e. in this period It has registered an increase of about 40 times.
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Not only this, if an investor had invested Rs 1 lakh in this pharma stock 6 months ago and remained in this counter till today, then today that investor’s Rs 1 lakh would have become Rs 16.30 lakh.
If you look at the share price of this multibagger stock, then this pharma stock has increased by 110 percent from Rs 419.90 to Rs 878.90 in the last one month. This multibagger stock gained 1530 per cent from Rs 54 to Rs 878.90 in last 6 months. Similarly, in the last one year, the stock of Kwality Pharma rose by 1340 per cent to Rs 878.90 per stock from Rs 61.
In the last 5 years, the share price of Kwality Pharma has increased by 3940 percent from Rs 21.75 to Rs 878.90 per equity share.
Going by the history of share price of Kwality Pharma, if an investor had invested Rs 1 lakh in this multibagger stock a month ago, he would have got Rs 2.10 lakh today.
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If an investor had invested Rs 1 lakh in this pharma stock 6 months back and remained in it till date, he would have got Rs 16.30 lakh instead of Rs 1 lakh. Similarly, if an investor had invested Rs 1 lakh in this stock a year ago, he would have got Rs 14.40 lakh today for Rs 1 lakh.
Similarly, if an investor had invested Rs 1 lakh in this stock 10 years ago by buying this multibagger stock at Rs 21.75 and would have remained in it till now, then his Rs 1 lakh would have become Rs 40.40 lakh today.
Overall, patience is an important quality for investing in the stock market and Kwality Pharma’s mixed returns are a prime example of this.
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