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Multibagger Stock: Bharat Seats Limited Shares, which does business with Maruti Suzuki and manufactures auto parts, has given very good returns to the investors. Investing money in the share market is considered very risky, but there are some shares in which you get strong returns in the log term by investing. Such shares are called Multibagger Stocks. Today we are going to give you information about Bharat Seats Limited, by investing in which people have become millionaires. This stock has increased investors’ money by 102 times.
Talking about today, till 2 pm, this share is trading at Rs 97.50 with an increase of Rs 2.55. On the other hand, if we talk about tomorrow, on December 26, 2022, this share has closed at Rs 94.95. While talking about the market cap of the share, it has reached Rs 298.14 crore. Come, we are giving you information about the details of this share-
Share gave strong returns to investors in 21 years
Let us tell you that on August 28, 2001, this share was trading at only 93 paise. Whereas on December 27, it has reached Rs 97.90 per share. It has given crores of returns to the investors in 21 years. If a person had invested Rs 1 lakh in this stock in 2001, it would have become Rs 1.02 crore now. While talking about this year, this stock was trading around Rs 63 per share on March 7, 2023. After this it has now increased by about 85 per cent after 9 months and is trading at Rs 97.90. It is worth noting that this share had reached the highest level of Rs 115 on December 7, 2022.
Learn the details of this company-
According to the information given on the official website of Bharat Seats Limited, Bharat Seats is a joint venture between Maruti Suzuki and Rohit Relan and Associates. This company manufactures many types of parts for vehicles like seeding systems, carports etc. Apart from this, this company also manufactures seats for Indian Railways.
Disclaimer: (The information provided here is for information only. It is important to mention here that investing in the market is subject to market risks. Always take expert advice before investing money as an investor. ABPLive.com It is never advised to invest money here.)
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