Multibagger Stock: If you want to earn money from the stock market, then the biggest tip is to be patient. Your patience can make you from millionaire to millionaire. Today we are going to tell about one such multibagger stock, which made its patient investors from Lakhpati to Millionaire. This share is of Balaji Amines. If an investor had invested 1 lakh in it 10 years ago, then his 1 lakh would have become 1.37 crore today. This chemical stock has risen from Rs 34.60 per equity share (its close price on 23 September 2011 on NSE) to 4,746.90 per share (its close price on 17 September 2011 on NSE). increased by about 137 times in this period.
Balaji Amines Share Price History
The shares of Balaji Amines are one of the 23 multibagger stocks in the chemical sector in 2021. The share price of Balaji Amines rose to Rs 4746.90 from Rs 4420.40 last week i.e. an increase of about 7.50 per cent. Whereas, in the last one month, this chemical stock increased from Rs 3319 per equity share to Rs 4746.90, ie a jump of around 43 percent in a month.
Similarly in the last 6 months, the shares of Balaji Amines increased from Rs 1691.80 to Rs 4746.90 per stock level, which increased by 180 per cent. However, the share price of Balaji Amines has gained almost 470 per cent in the last one year. During this period, the share price rose from Rs 835.80 to a level of 4746.90.
If we look at the last 5 years performance of this chemical stock, it has increased from Rs.313.30 to Rs.4746.90 level. That is, a long jump of about 1415 percent in this period. Similarly, the stock has risen from Rs 34.60 to Rs 4746.90 per equity share level in the last 10 years.
This is how the millionaire became a millionaire
If an investor had invested Rs 1 lakh in the counter of Balaji Amines a week ago, then his 1 lakh would have become 1.075 lakh today and if the investor had invested the same amount in this multibagger stock a month ago, then Rs 1 lakh today is 1.43 Becomes a million However, if an investor had invested Rs 1 lakh in this counter 6 months ago, his 1 lakh would have become Rs 2.80 lakh today. Similarly, if an investor had invested 1 lakh in the shares of Balaji Amines a year ago and remains in this counter till date, then his 1 lakh has become 5.70 lakh today. However, if the investor had invested 1 lakh 5 years ago, it would have increased to Rs 15.15 lakh today. If someone had invested one lakh in it 10 years ago, then his 1 lakh would have become 1.37 crore today.
