Multibagger Stocks: The stock market is considered a very risky investment option. There is a lot of instability here. But there are many stocks in the stock market which have given manifold returns to their investors. Many shares in the market have given returns of 100 times or more. Today we are going to talk about one such share. This is a share of Praveg company. In the last 5 years, Praveg's share price has increased from ₹4.34 to ₹730. In this way, this stock has given a return of 15,700 percent to its investors in 5 years.
Rs 1 lakh was converted into Rs 1.68 crore
If an investor had invested Rs 1 lakh in Praveg shares 5 years ago, today his investment would have been worth Rs 1.68 crore. This share has been no less than Kuber's treasure for long term investors. However, this stock has not performed much in the year 2024. This multibagger stock has given 0 returns in one month. This small cap share has declined by 16 percent in the last 6 months. So far this year the stock has fallen 8 percent. At the same time, this stock has given returns of more than 6 percent in the last one year.
increased by 5.25 times in 3 years
In the last 3 years, Praveg's share price increased from Rs 139 to Rs 730. In this way this share has increased 5.25 times in 3 years. At the same time, in the last 5 years, the price of this multibagger stock increased from Rs 4.34 to Rs 730. This is a jump of 15,700 percent. If an investor had invested Rs 1 lakh in this share a month ago, its price would have remained the same today. If I had invested Rs 1 lakh 6 months ago, today this investment would have been Rs 84,000. If someone had invested Rs 1 lakh at the beginning of 2024, it would have been worth Rs 92,000 today. If Rs 1 lakh had been invested 3 years ago, today this investment would have been Rs 5.25 lakh. If someone had invested Rs 1 lakh in this share 5 years ago, today this amount would have become Rs 1.68 crore.
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