This Jhunjunwala stock delivered multibagger returns in three years; can it hit Rs 636 mark?
The stock of the water treatment firm, which closed at Rs 145.5 on August 18, 2020, rose to a high of Rs 498.50 on August 18, 2023 on BSE.
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The stock of the water treatment firm, which closed at Rs 145.5 on August 18, 2020, rose to a high of Rs 498.50 on August 18, 2023 on BSE.
Shares of multibagger Waaree Renewable Technologies Ltd have rallied over 7973% in the last three years. The solar panel maker stock, which closed at Rs 16.26 on August 17, 2020 rose to a high of Rs 1312.70 on August 17, 2023 on BSE. An amount of Rs 1 lakh invested in the Waaree Renewable stock three years ago would have turned into Rs 80.73 crore today. In comparison, Sensex has risen 71.22 per cent during the period. Waaree Renewable stock opened higher at Rs 1319.70 in the previous session. It rose 1.88% intraday to Rs 1324.70 on BSE. The stock hit a 52 week low of Rs 354.50 on August 17, ...
It’s trading near the record high of Rs 599.40, reached on August 9, 2023. The stock hit a 52-week low of Rs 175.50 on September 26, 2022.
The investors who looked beyond Nifty have been handsomely rewarded. While Nifty has moved 1,736 points since the last Independence Day, which is a 9.8% gain, (Friday, August 12, 2022), the Nifty MidCap 100 has rallied 6,964 points or 22.61% and Nifty SmallCap 100 has traversed 2,241 points or 23.78%.
Multibagger stock: The banking stock, which closed at Rs 58.95 on August 7, 2020 closed at Rs 382.75 today, delivering 549% returns during the period.