Monday, September 26, 2022
HomeBusinessThis stock of Rs 6 made investors rich, 1 lakh became 94...

This stock of Rs 6 made investors rich, 1 lakh became 94 lakh in just 5 years

Multibagger Stocks: Multibagger stocks have given bumper returns to the investors in the stock market. Today we will tell you about such a stock, which has given investors 9300 percent return in just 5 years. The name of this stock is GRM Overseas share. The shares of the company have made huge profits to the investors.

9300 percent increase
Let us tell you that in the last 5 years this multibagger stock has increased from Rs 6 to Rs 565. During this period, the company’s shares have registered an increase of 9300 percent.

Selling from the beginning of the new year
Selling is being seen in this multibagger stock since the beginning of the new year. In the last one month, this stock has fallen by about 5 percent. At the same time, in the YTD time, this multibagger stock slipped from Rs 655 to a level of 565 with a loss of 14 percent in 2022. Apart from this, if we talk about the last 6 months, then the price of this stock has increased from Rs 210 to the level of 565. During this period, the stock has seen a rise of 170 percent.

Shares of the company increased by 94 percent
In the last one year, this multibagger stock has risen from a level of around Rs 125 to a level of Rs 565. During this period, the company’s stock has seen an increase of about 345 percent. Similarly, in the last 5 years, this stock has increased from the level of Rs 6 (closing price on BSE on 7 April 2017) to the level of Rs 565 (closing price on BSE 8 April 2022) in the last 5 years. In these 5 years, the company’s stock has seen an increase of 94 percent.

1 lakh became 4.45 lakh
If an investor had invested 1 lakh in this multibagger stock a month ago, then his 1 lakh would have become 95 lakh today while it would have become 86 lakh in YTD time. However, if an investor had invested ₹ 1 lakh in this multibagger stock 6 months ago, then the value of the multibagger stock would have increased from 1 lakh to 2.70 lakh today. If an investor had invested 1 lakh in this counter a year ago, then his 1 lakh would have become 4.45 lakh today.

One lakh becomes 94 lakh in 5 years
Similarly, if an investor had invested 1 lakh in this multibagger stock 5 years ago, then his 1 lakh would have become 94 lakh today.

What is the record and low level?
The current market price of GRM Overseas Shares is Rs 3,390 crore and its book value is 22.55 per share. Its trade volume on Friday was 30,822, which is slightly higher than its 20-day average trading volume of 26,888. Its 52-week record level is Rs 935.40 per share. At the same time, its low level is Rs 113.93 per share.

- Advertisement -
MOBILE

Auto

Two Wheeler

BUSINESS AND FINANCE

Digit News