9900% return in 10 years, this stock made 10 thousand to 10 lakh, see what works

Multibagger Stock List 2023: There are some such stocks in the share market, which are called Multibagger Stock. These stocks are known for giving hefty returns to their investors in a short span of time. Today we are going to tell you about one such stock, which has given a return of 9,900 per cent in the last 10 years and has made an investment of just Rs 10,000 into Rs 10 lakh.

gave consistent returns

We are talking about Rice Milling Company GRM Overseas. This stock has consistently given excellent returns (GRM Overseas Return) to its investors. In the last 3 years, its price has increased by about 2,500 percent, while the return of 5 years is about 1,100 percent.

This is the value of the company

GRM Overseas is a smallcap company, whose market capitalization (GRM Overseas MCap) is currently around Rs 1,032 crore. The company is engaged in the business of milling, processing and marketing of branded and non-branded Basmati rice. The company not only does rice business in the domestic market, but also exports rice from here to many foreign markets.

Such is the shareholding pattern

If we look at the shareholding pattern of the company (GRM Overseas Shareholding Pattern), the number of promoters comes with the maximum stake of 71.72 per cent. At the same time, public investors hold the remaining 28.28 per cent shares of the company. Retail investors hold about 10.35 per cent shares in the company, while foreign investors hold only 0.07 per cent.

Company’s sales increased manifold

GRM Overseas Sale has increased manifold during the last few years. Where the company’s sales were Rs 270 crore in the financial year 2021-13, it has now increased to Rs 1,379 crore in 2022-23. During this period, the profit of the company (GRM Overseas Profit) has also increased from just Rs 2.78 crore to Rs 63 crore.

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