If I had invested Rs 1 lakh in this stock 5 years ago, I would have got Rs 7.37 lakh.

Multibagger Stock: Patience is one of the most important qualities for stock market investors. According to experts, one should try to keep the stock as much as possible. This long term investment strategy not only helps in reducing the risk but also provides compounded returns on one’s investment.

The best example of this long-term investment strategy is the shares of Bajaj Finance. This multibagger stock has grown from Rs 63 per share to Rs 7786.45 per equity share level in last 10 years. It has given about 12,260 percent return to its shareholders.

Share Price History of Bajaj Finance:

• In the last one week, this multibagger stock rose from the level of Rs 7386.60 per share to the level of Rs 7786.45. There was an increase of about 5.40 percent in this period.
• In the last one month, the share price of Bajaj Finance increased from Rs 6944.95 to Rs 7786.45 per share level. A growth of about 12 percent was registered during this period.
• Similarly, in the last 6 months, this multibagger stock increased from the level of Rs 5122.20 to Rs 7786.45 per equity share. There was an increase of about 52 percent in this time-frame.
• The stock of Bajaj Finance has given multibagger returns in the last one year as it has risen from Rs 3138.95 per share level to Rs 7786.45 per share level. This time frame increased by about 150 percent.
• In the last 5 years the financial stock rose from Rs 1055.90 per stock level to Rs 7786.45. There was an increase of about 637 percent in this period.
• Similarly, if we look at the share price history of Bajaj Finance over the last 10 years, Multibagger stock closed at Rs 63 on NSE on 16 September 2011, while it closed at Rs 7786.45 per share on NSE on 24 September 2021. During this there was an increase of about 123 times.

impact on investment

• The share price history of Bajaj Finance can also be understood in this way.
• If an investor had invested Rs 1 lakh in this multibagger stock a month back, his Rs 1 lakh would have become Rs 1.12 lakh today.
• If the investor had invested Rs 1 lakh in this financial stock 6 months back, his Rs 1 lakh would have become Rs 1.52 lakh.
• Similarly, if the investor had invested Rs 1 lakh in this share of Bajaj Group a year ago, his Rs 1 lakh would have become Rs 2.50 lakh.
• If the investor had invested Rs 1 lakh 5 years ago, then his Rs 1 lakh would have become 7.37 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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