Multibagger Stock Tips: It is not easy to find a stock that can give multibagger returns, but after hard work one can find a company that has a strong business model and an efficient and honest management.
Once such a company is found, the investor’s job is not over. In fact, experts believe that a long-term investment in a stock gives far more profits. To understand the benefits of long term investment, one needs to go through the share price history of Aarti Industries.
This chemical stock has given a rise of about 47 percent in Year to Date (YTD) 2021. If we look at the performance of the stock in the last one year, it has given almost 70 per cent return to its shareholders.
If we look at the ten year returns of this stock, the share price of Chemical Manufacturing Company closed on 26 August 2011 at Rs 10.83 per equity share. At the same time, on 27 August 2021, this stock closed at Rs 926.80. This is the reason why this stock has given better returns to those people whose investment remained in this stock for a long time.
1 lakh to 85 lakh
- It can also be understood from the share price history of Aarti Industries that if an investor had invested Rs 1 lakh in this stock 6 months ago, then his Rs 1 lakh would have become Rs 1.46 lakh today.
- If an investor had invested Rs 1 lakh a year ago, his Rs 1 lakh would have become Rs 1.70 lakh today.
- If an investor had invested Rs 1 lakh in this chemical stock 5 years ago, then his Rs 1 lakh would have become Rs 6 lakh today.
- If an investor had invested Rs 1 lakh in this stock 10 years ago, then his Rs 1 lakh would have become Rs 85 lakh today.
Disclaimer: (The information provided here is for informational purposes only. It is important to mention here that investing in the market is subject to market risks. Always consult an expert before investing money as an investor. Anyone from ABPLive.com Also investing money is never advised here.)
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