Multibagger penny stock: This penny stock became Rs 1 lakh in one year to Rs. 20 lakh, gave 2000% compensation
Multibagger penny stock: This multibagger stock has risen from Rs 12 to Rs 240 this year. Investors have received a 2000% return in the meantime.
A stock market, stock market or stock market is the aggregation of buyers and sellers of shares (also called shares), which represent property rights over companies; These can include securities that are listed on a public stock exchange, as well as stocks that are only privately traded, such as private company stocks that are sold to investors through equity crowdfunding platforms.
Investing in the stock market is most often done through brokerage houses and electronic trading platforms. Investing is usually done with an investment strategy in mind.
Multibagger stock: Investing in penny stocks is fraught with risks. Because the liquidity of such shares is very low. Any one reason can cause a big upheaval in the share price. However, if all conditions remain good and the fundamentals are strong, such stocks can make a lot of money.
Cosmo Ferrites is one such stock. This stock has given high returns to investors in the last 1 year. The Multibagger stock has risen from Rs 12 to Rs 240 so far this year. This means that investors get 2000% return on this stock.
How much return did investors get?
Shares of Cosmo Ferrites have risen 6% in the past month. Meanwhile, the stock has risen from Rs 225.70 to Rs 240. Investors, on the other hand, have received a 2000% return on this stock this year. Meanwhile, the Nifty rose 23% and the Sensex 21%.
Impact on investment
If we look at the return of this multibagger penny stock, if an investor had invested Rs 1 lakh in this stock a month ago, now it is worth Rs 1.06 lakh.
Similarly, if an investor had invested Rs 1 lakh 6 months ago, today it would be worth Rs 8.50 lakh.
If any investor has invested Rs 1 lakh in this stock at the beginning of 2021 at a price of Rs 12 per share, today it would be worth Rs 20 lakh.
Investors have got 2000% return in this stock this year. Meanwhile, the Nifty rose 23% and the Sensex 21%.
The shares can be classified according to the country where the company is domiciled. For example, Nestlé and Novartis are domiciled in Switzerland and are listed on the SIX Swiss Exchange, so they can be considered part of the Swiss stock market, although the shares may also be listed on exchanges in other countries, for example as a US depositary. receipts (ADRs) in the US securities markets.
Note: The details provided here are for informational purposes only. Investing in the stock market is subject to risks. It is important to seek expert advice before investing. We never gives advice for buying or selling any shares.
