Best Multibagger Stock 2023: Best stock of the year 2023, 3200% jump so far

Best Multibagger Stock 2023: Best stock of the year 2023, 3200% jump so far

This year is proving to be a new history for the stock market. Just last month, both BSE Sensex and NSE Nifty have created a new record of lifetime high level. During this period, the domestic stock market has seen many stocks becoming multibaggers and making their investors rich in months. Today we will tell you about the stock which has The year 2023 has given the best returns so far.

These are the special things of the company

This stock belongs to the pharma company Remedium Lifecare. It is an integrated pharma company, which trades many APIs ie Active Pharmaceutical Ingredients required in the preparation of various medicines. Earlier it was known as Roxy Exports Limited. A special thing about this company is that it is almost debt free, which means it has almost no debt. Talking about its CMP i.e. the current market price is Rs 1,663. Today, its price increased by 1.57 per cent in Wednesday’s trade, whereas in the last 5 days, its price has fallen by about 3 per cent. The market capitalization of the company is currently Rs 1,680 crore. Its 52-week high level is Rs 1,796.60.

The most bumper multibagger of 2023

During the last one month, its price has increased by more than 16 percent. On the other hand, in just 6 months, the stock of Remedium Life Care has given a huge return of 1,685 per cent. So far this year, the stock has soared 3,238 per cent.

33-fold jump in 7 months

Earlier this year, on January 2, its share price was just Rs 49.82. It was Rs. In this way, since January till now, the stock of Remedy Life Care has jumped more than 33 times. The company has recently announced a share split with an ex-date of 1st September.

Disclaimer: The information provided here is for informational purposes only. It is important to mention here that investing in the market is subject to market risks. Always take expert advice before investing money as an investor. never advises anyone to invest money here.

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