Page 9 - Multibaggers News Today

An amount of Rs 5 lakh invested in this multibagger stock a year ago would have turned into Rs 11.5 lakh today.

In the past one year, the share price of this firm has jumped from Rs 294.75 to Rs 701 mark ---- logging around 138 per cent return in this period.

As per the shareholding pattern, Rakesh Jhunjhunwala along with his wife owns 23.7 per cent stake in the company as of September 2021. 

The stock rose 3 per cent to hit an intraday high of Rs 1,007.65 on the Bombay Stock Exchange (BSE) on Tuesday. 

Any stocks whose price is low in the markets are known as penny stocks. The price of such stocks could be less than Rs 50 which generally attracts investors.

The multibagger stock has surged from the Rs 310.7 mark to reach Rs 647.05 today in the last 12 months - yielding around 108 per cent in this period. It has gained 420 per cent in the last three years and has risen 69.5 per cent since the beginning of this year.

The multibagger stock has surged from Rs 808 to Rs 2,753.7. It has gained 185 per cent since the beginning of this year and has risen 241 per cent in the past year.

With a market capitalisation of more than Rs 47,000 crore, the share stands higher than 5 day, 10 day, 20 day, 50 day, 100 day, and 200-day moving averages.

The market rally was boosted by recovery in macroeconomic numbers, consistent buying by retail investors, good earnings and increased pace of vaccination

In comparison, the Nifty 50 index gained over 17 percent and the S&P BSE Sensex rose over 15 percent