Multibagger stock: The list of multibagger shares includes shares of many companies. Today we will tell you the name of one such stock which has given bumper returns to the investors. The shares of Radico Khaitan, a company dealing in alcohol, have made investors millionaires. If you also have a plan to invest money in any stock, then let’s know about the stock of this company-
Included in the list of multibagger shares
Even after seeing a sell-off in the stock of Radico Khaitan for the last one year, the name of the stock is included in the list of multibagger stocks. About 19 years ago, this share of the company was included in the list of penny stock at the level of Rs 7.60. The share price of the company is today at the level of 919. In the last 19 years, the company’s stock has seen an increase of 120 times.
560 percent return given in 5 years
Selling has dominated the stock of the alcohol trading company for some time now. In the last one year, the company’s stock has increased from the level of 855 to 919. The stock has given a return of 8 per cent to the investors during this period. At the same time, in the last 5 years, the company’s stock has increased from the level of 140 to the level of 919. The stock has given returns of 560 per cent to the investors during this period.
11990 percent return given in 19 years
Apart from this, if we talk about the last 19 years, then the share price has increased from the level of 7.60 to the level of 919. During this, investors have got a return of 11990 percent.
1 lakh becomes 1 crore
If an investor had invested 1 lakh in this stock a year ago, then his 1 lakh would have become 1.08 lakh today. At the same time, if an investor had invested 1 lakh in it 5 years ago, then your money would have become 6.60 lakh. Similarly, if someone had bought this stock 19 years ago at the level of 7.60, then his money would have become 1.20 crores today.