Stock Sip of Rs 1 lakh per month in this multibagger stock would have become 18.39 cr in five years; do you own this stock

With back-to-back upper circuit posts getting ex-bonus the shares are again in focus as investors wonder if they can still be added to the portfolio.

The shares of Jyoti Resins have been making fresh all-time highs recently. With back-to-back upper circuit posts getting ex-bonus the shares are again in focus as investors wonder if they can still be added to the portfolio. While some skeptics think that the valuations are too high and the stock has climbed too fast too high, a few long-term investors continue to hold on to their bets as the business on the ground is expected to do well in coming quarters. 

Stock SIP has emerged as one of the best ways to beat market volatility. Investors are seen building positions in their favorite stocks via investing in those consistent compounders that appeal the most in the long run. To understand the benefits of stock SIP in any consistent compounder we can look at the extraordinary returns delivered by stock SIP in Jyoti Resins for 5 years.

Assuming a stock SIP of Rs 1 lac was done for the past 5 years, it would have fetched an astounding CAGR return of over 171.55 per cent, thus leading to 18.39 crore of capital. 
Stock Sip in a consistent compounder can indeed create a huge amount of wealth and can be considered a useful method to participate in the market.

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