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Bonus Shares: It is believed that it is very important to invest money in the right stock at the right time in the stock market. Investors who invest money in stocks that give good returns can become millionaires in a few days. On the other hand, if you do not invest money in the stock with the right understanding, you may have to suffer heavy losses.
Today we are going to give you information about a stock in which investors have become millionaires by investing money. This stock has given its investors a return of Rs 32 crore on investing Rs 1 lakh within 20 years. Let us know about this multibagger stock-
Millionaire made from the shares of this company
The stock we are giving you information about today is Bajaj Finance Share. Let us tell you that this company of Bajaj Group had given bonus shares to its investors in the ratio of 1:1 in the year 2016. After the lockdown in Corona, this share of Bajaj Finance made its place in the list of multibagger stocks in India for the first time.
At the same time, since May 2020 till now, this stock has increased from Rs 1,950 to Rs 7,344. If we talk only about the last two years, then this stock has given a bumper return of up to 275% to its investors.
Know about the price history of Bajaj Finance Share-
This share of Bajaj Finance is one of the only Indian stocks that has given good returns to its shareholders even after Kovid. The stock has given zero returns in the last one year, but it is still in the list of multibagger stocks as its returns have been up to 275% in the last two years.
Talking about the last 10 years, this stock has increased from Rs 120 to Rs 7,344.
At the same time, talk about the last 20 years, this stock has increased from Rs 4.50 to Rs 7,344. In such a situation, in 20 years, it has given a full return of 1,63,100% to the investors.
This investor would have been the owner of crores
If an investor had invested Rs 1 lakh in this stock 20 years ago, he would have got about 22,222 shares, but today investors would have 44,444 shares due to 1:1 bonus shares by the company.
In such a situation, at the rate of Rs 7,344, the total share price today would have been Rs 32.64 crore. In such a situation, you would have become a millionaire by making a small investment of Rs 1 lakh. If you are also going to invest in any stock, then definitely consult a financial advisor related to it. This will not cause you any financial loss.
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