To get strong returns from the stock market, it is important that you invest in a company with strong fundamentals and keep a constant eye on the company’s business growth. Also, it is important that you keep your investment for a long period of time. You get good value for your investment in the long term. Some companies have worked to convert your few lakh rupees into crores over a long period of time. We are telling you about 5 such multibagger stocks, which have done the work of making Rs 1 lakh more than Rs 3 crore. These companies have given this great return in the last 11 years.
Bajaj Finance made Rs 1.69 crore for 1 lakh
The shares of Bajaj Finance were close to Rs 65 in November 2011. At the same time, in April 2010, the company’s shares were at a level of Rs 40. On November 26, 2021, the company’s shares closed at the level of Rs 6780 on the National Stock Exchange (NSE). The shares of Bajaj Finance have jumped more than 100 times in the last 10-11 years. If an investor had invested Rs 1 lakh in the company’s stock 11 years ago, its value at present would have been Rs 1.69 crore.
Avanti Feeds made Rs 3.38 crore for 1 lakh
Over the long term, Avanti Feeds has evolved from penny stock to quality stock. The stock has gained almost 338 times in the last 11 years. The stock rose from Rs 1.60 to Rs 542.15 in April 2020. If an investor had invested Rs 1 lakh in this stock 11 years ago, today its value would have been close to Rs 3.38 crore.
Also read- Inflation hit more now, from December 1, matches to credit cards will be expensive
Astral Limited made Rs 1.79 crore for 1 lakh
Astral Limited has given solid returns in the year 2021. The company’s stock has given a return of about 64 percent so far this year. At the same time, in the last one year, the shares of the company have given almost 100% return to the investors. In April 2010, the stock was at the level of Rs 12. On 26 November 2021, the company’s stock stood at Rs 2,148.25 on the National Stock Exchange. The company’s shares have given nearly 179 times returns during this period. If an investor had invested Rs 1 lakh in the shares of the company 11 years ago, its value as on date would have been Rs 1.79 crore.
Also read- Banks will remain closed for more than 10 days in the country, know the holiday list of December
Deepak Nitrite made Rs 1.17 crore for Rs 1 lakh
Deepak Nitrite stock is one of the multibagger stocks of the year 2021. This year the shares of the company have increased from Rs 988 to Rs 2103. The company’s stock has gained about 112 per cent so far this year. In October 2010, the shares of Deepak Nitrite were at the level of Rs 18. On 26 November 2021, the company’s shares reached the level of Rs 2,103. The company’s shares have jumped 117 times during this period. If an investor had invested Rs 1 lakh in the shares of the company 11 years ago, its value at present would have been Rs 1.17 crore.
Vaibhav Global made Rs 1.16 crore for Rs 1 lakh
The shares of the company have given excellent returns to the investors in the long term. The shares of Vaibhav Global stood at Rs 4.50 in December 2010. On 26 November 2021, the company’s shares closed at Rs 523.05 on the National Stock Exchange (NSE). The company’s shares have jumped nearly 116 times during this period. If an investor had invested Rs 1 lakh in the shares of the company in December 2010, the amount would have been close to Rs 1.16 crore at present.
,