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Multibagger Stocks Returns : Some multibagger stocks are giving many times better returns than expected. We are going to give you information about such a stock, which has made its investors rich in just 5 years. Meaning the investor has got a tremendous return of Rs 58 lakh with an investment of just Rs 1 lakh.
see how big the jump happened
The company’s shares have given a tremendous return of 5,730.77% during this period. The name of this company is Ritesh Properties and Industries Limited (Ritesh Properties and Industries Ltd Share).
What is share price history
Shares of Ritesh Properties and Industries Limited closed at Rs 37.90 on BSE on Friday, up 0.66 per cent from the previous close of Rs 37.65. The share price has increased from Rs 1.10 to Rs 37.90 on July 14, 1995. During this period, this stock has given a maximum return of 3,345.45 percent. That is, it was done in stock 27 years ago.
Figures for 3 and 5 years
The investment of Rs 1 lakh made in the stock 3 years ago has now increased to Rs 25.43 lakh. The investment of Rs 1 lakh in the stock 5 years ago has become Rs 58.30 lakh.
this is the company
Ritesh Properties & Industries Limited is a small-cap company that is active in the business of real estate. Its market cap is Rs 926.39 crore. Sanjeev Arora, Chairman and Managing Director of the firm, is in charge of RPIL.
Disclaimer: (The information provided here is for informational purposes only. It is important to mention here that investing in the market is subject to market risks. Always consult an expert before investing money as an investor. Anyone from ABPLive.com Also investing money is never advised here.)
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