Multibagger Stocks: Four and a half times return in a year…not in the bank, but in the market, just look at this stock.

Multibagger Stocks: Four and a half times return in a year…not in the bank, but in the market, just look at this stock.

If someone tells you that your money will double in a year, you will either consider it a gossip or you will think that the person in front of you is bluffing. Now if someone talks about four and a half times return in a year, then it will be very difficult to believe. Generally this is also difficult and unbelievable, because banks take 8-10 years to double the money.

This is the story of this share

Although the share This thing remains impossible or unbelievable in the market. There are many such stocks in the stock market, which make money double-triple in a year. Today we have brought you the story of Rail Vikas Nigam share, which has made its investors money four and a half times in the last one year.

Recently such The move

After the end of Friday’s trading today, the stock of Rail Vikas Nigam closed at Rs 138.45 with a jump of 5.65 per cent. Earlier on Thursday, a 10 per cent fall in the price was registered, even after that the stock has gained more than 11 per cent in the last five days. Its price has fluctuated in the last one month and its gain has been limited to around 12 per cent. It has increased by more than 110 percent in a month itself. This means that this stock has doubled its investors’ money in less than six months. Since the beginning of this year, this stock has gained more than 100 percent, while it has jumped more than 322 percent in the last one year. /h3>

Even though this share is currently at the level of Rs 138.45, but a few days ago it touched the level of Rs 146.65, which is also the highest level of Rail Vikas Nigam’s stock in the last 52 weeks. A year ago, i.e. at the beginning of September 2022, the price of one share was near Rs 32. In this way, the stock has shown a growth of four and a half times during the year.

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.

Read also: What is implied volatility and why is it important in options trading? Know these 5 things of great use

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