Multibagger stock: In stock market rebound post-Covid-19 pandemic, a good number of stocks have entered the list of multibagger stocks in 2021. Borosil Renewables shares are one of such multibagger stocks in Indian stock market. This multibagger penny stock has surged from ₹34.95 to ₹694 apiece levels in around 19 month period, appreciating around 1900 per cent in this period.
Borosil share price history
In last one month, Borosil shares have surged from around ₹510 to ₹694 levels, logging near 36 per cent rise in this period. In last 6 months, this multibagger stock has risen from ₹260 to ₹690, appreciating to the tune of 166 per cent in this period. Likewise in last one year, this multibagger penny stock shot up from ₹170 to ₹694, rising around 310 per cent in this time span.
This multibagger penny stock had closed at ₹34.95 levels on 29th May 2020 on NSE whereas its close price on 17th December 2021 was ₹694 on NSE. So, in this last 19 months time, the multibagger penny stock has risen around 1900 per cent.
Impact on investment
Taking cue from share price history of this multibagger penny stock, if an investor had invested ₹1 lakh in this counter one month ago, its ₹1 lakh would have turned to ₹1.36 lakh today. If an investor had invested ₹1 lakh in this multibagger stock 6 months ago, its ₹1 lakh would have turned to ₹2.66 lakh today. Likewise, if an investor had invested ₹1 lakh in this multibagger penny stock one year ago and had remained invested in the counter throughout this period, its ₹1 lakh would have turned to ₹4.10 lakh today.
Similarly, if an investor had invested ₹1 lakh in this multibagger penny stock 19 month ago, buying one stock at ₹34.95 levels, then its ₹1 lakh would have turned to ₹20 lakh today provided the investor had remained invested in the counter till date.
Never miss a story! Stay connected and informed with Mint.
Download
our App Now!!
Stay connected with us on social media platform for instant update click here to join our Twitter, & Facebook
We are now on Telegram. Click here to join our channel (@TechiUpdate) and stay updated with the latest Technology headlines.
For all the latest Business News Click Here
For the latest news and updates, follow us on Google News.
Denial of responsibility! NewsAzi is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – [email protected]. The content will be deleted within 24 hours.
