Share Market Multibagger stock one lakh rupees turn to 2 crore in just 4 year, check details
By Lokmat English Desk | Published: July 25, 2022 05:41 PM2022-07-25T17:41:13+5:302022-07-25T17:41:13+5:30
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There is a very famous saying in the stock market. That is, 'Where the risk is high, the return is high.' Something like this has been seen, regarding the shares of National Standard (India) Limited.
The shares of this company have made investors into instant millionaires. The price of this share, which was once available for only Rs 21, has now increased to Rs 5400. So let's know about this share related to real estate sector.
This stock changed the fortunes of investors - On January 23, 2018, the stock price of this company was just Rs 21.90 on BSE. It has increased to Rs 5400 now. That is, the price of this stock has jumped by as much as 24,453.84 percent during this period.
One year ago the share price of this company was Rs.4098.30. Which has now increased to Rs 5400. In fact, talking about the last one year, this stock has given investors a return of 315.57 percent.
In fact, the last 6 months have not been good for this stock. Shares of National Standard (India) Limited fell by 49.57 percent during this period.
Investors who would have invested in National Standard (India) Limited a month ago may have suffered losses today. During this period, one lakh rupees invested has become 89 thousand rupees.
When the share price of National Standard (India) Ltd was at Rs 21.90, investors who invested Rs 1 lakh in it and held on to it till now, their returns have crossed Rs 2 crore. Today it has increased to one lakh rupees.
National Standard (India) Limited is a small cap company dealing in real estate. The company has a market cap of Rs 10,801.20 crore. According to Value Research, it is a debt-free company.
(Note - Here only the performance of the share is given. This is not an investment advice. Investment in share market involves risk. Therefore, it is very important to take expert advice and guidance before investing.)
