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Multibagger Stock: 10.68 Crores Received On Investment Of 1 Lakh!

Vivid News 24: If he had invested Rs 1 lakh in the stock two decades ago, his investment would now be worth Rs. 10.68 crores. In other words, the stock’s growth rate over that time was 26.600%. Aarti Industries, a chemical business that has lately achieved multi-bagger status, has performed in this manner.

The company’s stock recently touched a 52-week high. As a result, this stock has given almost no return to short-term investors at the moment. But those who have invested in this stock for the long term know what incredible returns this stock has given over the past 20 years.

Two decades ago, the company’s price per share was Rs 2.45, while it currently stands at Rs 654.25. That is, the company’s share price has increased by approximately 26,600% over the past 20 years.

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However, the company’s stock is down 35% over the past year. Specifically, the stock is down 28% over 1 year. But the stock has given good returns to its investors before and after the Covid infection. The share price of the stock has gone from Rs 380 to Rs 654 since the Covid outbreak. Over the last 5 years, the stock price has increased from Rs 218 to Rs 654. That is, the stock has returned almost 200% to investors during this period.

If we take the calculation of the last 10 years, it will be seen that the price per share of the company was 21.65 rupees, it has now reached 654.25 rupees. But it’s not just the stock price appreciation that has given investors these incredible returns. There is another reason behind this. That is, declaring a 1:1 share on behalf of the company.

In the last 20 years, the company has declared bonuses at the rate of 1:1. As a result, the number of shares held by early investors in the company naturally increased as result of the bonus shares. As a result, if an investor-owned 1 lakh shares of this company 20 years ago, that number of shares would be 40,816 today.

Due to the bonus announcement in September 2019, the number of shares held by the shareholders doubled. As a result, the number of shares after that period will increase to 81,632 shares. Again after June 2021, the 1:1 share declaration will take the investor’s shareholding in the company to 1, 63,264 shares.

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Vivid News-24 Desk
Vivid News-24 Desk
Vivid News-24 News India's new growing news website. Which provides some specific categories of news, top world news, entertainment, sports, new technology, politics etc.
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