This stock made its investors millionaires, investment of 11 thousand gave 1 crore return

Multibagger Stock In India: If you also invest your money in Multibagger Stock, then you should know about some such stocks, in which you get good profits. That is, you can also become a millionaire directly. Today we are going to tell you about such a stock, which has converted its investors from 11,000 thousand rupees into 1 crore rupees in a long period.

1 bonus share for every 2 shares
Let us tell you that the name of this company is Samdhana Motherson International Limited. Let us tell you that this company works about the components of companies in the automobile sector. The board of directors of the company says that the company will issue shares to its shareholders in the ratio of 1:2. For every 2 shares, investors will get one share as bonus.

Bonus 6 times in 10 years
In the last 10 years, this company is going to give bonus shares to its shareholders for the sixth time. Saddhana Motherson has given bonus shares to the shareholders in the ratio of 1:2 every time. The company has earlier given bonus shares in 2018, 2017, 2015, 2013 and 2012.

great profit
These stocks have directly made their investors millionaires by giving tremendous returns. At present its price on NSE is Rs 118.30. On January 1, 1999, when the company started its business on NSE, the price of its shares was Rs 0.12. This company has given a return of Rs 98,483 crore to its investors. If someone had invested Rs 1 lakh in its shares in 1999, it would have become Rs 9.85 lakh crore today. The same if someone had invested Rs 11,000, then today this money would have increased to Rs 1 lakh 8 crore. This stock has made a loss of 47 percent in the last 1 year. This stock touched its 52-week high of Rs 214 in 2021.

company status
The market cap of this company is 54.97 thousand crores. In the June quarter of the current financial year, it had received an income of Rs 17615 crore, while the profit has been Rs 141 crore. Due to this, the company had earned an income of Rs 16157 crore in the same quarter of the previous financial year and its profit was Rs 290 crore. The company’s profit has decreased in the first quarter of the current financial year.

read this also

Electric Vehicle Sale: Income tax exemption will be available by buying an electronic vehicle, see how much will be the benefit

LTC Rules 2022: Changes in LTC rules related to government employees, know what are the updates