Multibagger Stocks: Many multibagger stocks have given strong returns to investors throughout the year. Some stocks have given good returns in short term as well as long term. Today we are telling about one such stock, which has given tremendous returns in a very short time. This stock has given three times returns to investors in just one year.
This stock has offered tremendous returns to investors in the long term. If an investor had invested in it a year ago, he would have got a return of more than 200 percent. Whereas if someone is invested in this stock for a long time, he would have got a return of more than 2000 percent. This stock belongs to Genus Power Infrastructure Limited, which manufactures smart meters.
The company received the order
The company also prepares special metering solutions as per special requirements. The company has recently received an order for making meters worth Rs 3115.01 crore. With this, the total order book of the company has reached more than Rs 14 thousand crore and under this order, metering service is to be provided.
Money tripled in one year
Shares of Genes Power Infrastructure Company are under pressure since last one month. Falling by 6.37 percent, this stock is currently trading at Rs 253 per share. This stock has risen by 188.15 percent in six months. So far this year it has increased by almost 200 percent. At the same time, this stock is trading up by 210 percent in one year. In such a situation, if someone had invested Rs 1 lakh a year ago, his Rs 1 lakh would have become worth more than Rs 3 lakh today.
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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