Multibagger Stocks: Multibagger stocks have made investors millionaires in just a few years. This stock of the stock market has been trading rapidly for the last few years. It has given strong returns in the last one month to 18 years. It has converted one lakh rupees of investors into crores of rupees.
During the last one month, this stock has given returns of more than 27 percent and is trading at Rs 315.10. If we talk about six months, it has given returns of more than 125 percent. The stock has risen by 65.67 percent so far this year.
Once the share was worth Rs 2.60
Shares of Gabriel India Limited were trading at Rs 9 on 22 April 2005, but today it has crossed the level of Rs 300 per share and is trading at Rs 315. During 18 years, this stock has given returns of more than 3,370 percent to investors. However, this stock has given a return of 89 percent in the last one year and about 140 percent in the last five years. On September 20, 2002, its shares were at Rs 2.60 and today i.e. after 21 years, it has increased by 12110 percent.
Investors get Rs 34 lakh!
Indian stock market stocks have increased investors’ money manifold in the long term. If an investor had invested Rs 1 lakh a year ago, his amount would have become Rs 1,90,000. This amount would have converted into Rs 2 lakh 40 thousand in five years. Similarly, if someone had invested Rs 1 lakh on April 22, 2005, he would have got Rs 34 lakh 70 thousand today. During 21 years, it has given crores of rupees on an investment of Rs 82 thousand.
Disclaimer: The information provided here is being given for information only. It is important to mention here that investing in the market is subject to market risks. As an investor, always consult an expert before investing money. ABPLive.com never advises anyone to invest money here.
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