Multibagger stock: Bumper return of over Rs 2.45 crore was received on an investment of Rs 1 lakh in this stock

Multibagger stock: Bumper return of over Rs 2.45 crore was received on an investment of Rs 1 lakh in this stock

Kaustubh Bhosale

Investors, who purchased this company's shares, became crorepatis! Investors' fortunes were altered by this stock.

The current price of this share is Rs 5,394, up from its previous price of Rs 21, which goes in line with the saying, 'where the risk is high, the return is high.' Something like this has been witnessed regarding the shares of National Standard (India). Investors, who purchased this company's shares, became crorepatis! Investors' fortunes were altered by this stock.   

 

This company's shares had a BSE price of barely Rs 21.90 on January 23, 2018. It has increased to Rs 5,394.95, as of today. In other words, throughout this time, the price of this stock increased by as much as 24,534.47 per cent. The current price of this share is Rs 5,394, up from its previous price of Rs 21 at its listing date. Also, in the last one year, the share price of this company was Rs 1,298.70 per share. This has now increased to Rs 5,394.95. In actuality, during the past year, this stock has returned 313.45 per cent to investors. Additionally, the investment that was placed a year ago for Rs 1 lakh has grown to Rs 4.13 lakh. 

 

In actuality, this stock's recent six months have not been favourable. The shares of National Standard (India) Ltd fell 47.18 per cent during this period. Investors, who bought National Standard (India) Limited shares a month ago, are now out of luck. One lakh rupees invested over this time have grown to Rs 89,000!   

 

Investors, who invested Rs 1 lakh in National Standard (India) Ltd shares at a price of Rs 21.90 and held on to them until now, have received returns of over Rs 2.45 crore.  

 

What is the business' mission? Real estate is the focus of Small-Cap corporation National Standard (India) Limited. The market capitalisation of the company is Rs 10,801.20 crore. Besides, Value Research claims that the company is debt-free.  

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