Multibagger stock- Today we are telling about one such amazing stock which made its investors millionaires.
New Delhi. These days, investors are earning a lot from the stock market (earning money from stock market). The Sensex has crossed the figure of 59,000, however, the market has seen a decline in Monday’s trading session. Despite this, the shareholders are getting a bumper return. Many small and big stocks have given great earnings to the investors. Today we are telling about one such amazing stock which made its investors rich in 10 years. This share is- Balaji Amines. Yes… The price of this chemical stock has now reached ₹ 4,746.90 per share, while its close price on NSE on 23 September 2011 was just ₹ 34.60 per share. This stock has grown almost 137 times in this period. Let us tell you that the investors who kept patience in this stock have got bumper returns.
Share Price History
Balaji Amines shares of the chemical sector are one of the 23 multibagger stocks in 2021. Last week, the share price of Balaji Amines increased from ₹4420.40 to ₹4746.90. An increase of about 7.50 percent. Whereas in the last one month, this chemical stock rose from ₹3319 per equity share level to ₹4746.90 level. Similarly, in the last 6 months, the shares of Balaji Amines rose from ₹1691.80 to ₹4746.90 per share. The stock rose up to 180 per cent during this period.
However, the share price of Balaji Amines has increased by almost 470 percent in the last one year, as the share price has increased from Rs 835.80 to a level of 4746.90 during this period. If we look at the performance of this chemical stock in the last 5 years, it has increased from Rs 313.30 to Rs 4746.90. There has been an increase of about 1415 percent in this period. Similarly, the stock has increased from Rs 34.60 to Rs 4746.90 per equity share in the last 10 years. During this time this stock has increased more than 137 times.
How much was the investment amount?
Looking at the share price history of Balaji Amines, if an investor had invested ₹ 1 lakh in this chemical stock a week ago, then his ₹ 1 lakh would have become ₹ 1.075 lakh today. If the investor had invested ₹1 lakh in this multibagger stock a month ago, ₹1 lakh would have become ₹1.43 lakh today. At the same time, if an investor had invested ₹ 1 lakh in this counter 6 months ago, then his ₹ 1 lakh would have become ₹ 2.80 lakh today. Similarly, if an investor had invested ₹1 lakh in Balaji Amines shares a year ago, his ₹1 lakh would have become ₹5.70 lakh today. However, if the investment had been made 5 years back, an investor’s ₹1 lakh would have increased to ₹15.15 lakh. Similarly, if an investor had invested ₹1 lakh 10 years ago, his ₹1 lakh would have increased to ₹1.37 crore today. becomes Rs.
