Multibagger hunt! This smallcap stock turned Rs 10,000 to Rs 9 lakh just 10 years
In the last five-year period, the shares have jumped nearly 6,000% and about 1050% in the past three years.
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In the last five-year period, the shares have jumped nearly 6,000% and about 1050% in the past three years.
Shares of Saregama India have seen significant returns in the past decade, with a rise of 5,100%. An investment of Rs 10,000 would have turned into nearly Rs 5 lakh. The company, owned by the RP Sanjiv Goenka Group, is India's oldest music label and TV content producer. It has a diverse range of music and also produces films and TV serials. Mutual funds own a mere 0.5% stake, while foreign portfolio investors hold around 17% in the company. Saregama India recently posted its highest-ever revenue for Q4 at Rs 207 crore.