If you had invested Rs 1 lakh in this stock 6 months ago, you would have got Rs 3.09 lakh today

Multibagger Stock: In the year 2021, a significant number of shares have entered the list of multibagger stocks. This is because of the lifetime high business of NSE Nifty, BSE Sensex, BSE Small-cap and BSE Mid-cap indices. The shares of Raj Medisafe India are one of the pharma stocks that have given multibagger returns to their shareholders. This small-cap stock has risen from the level of Rs 11.95 per equity share to Rs 36.95 in the last six months. Due to which its shareholders have got a return of more than 200%.

Share Price History of Raj Medisafe India

• The multibagger stock was under selling pressure last week following a profit-booking trigger.
• The small-cap pharma stock fell 7.5% last week after hitting a high of Rs 41.85 in the last one-month trading session.
• Even after dropping 7.5% last week, the stock has delivered a stupendous 30% return to its shareholders in the past one month.
• In the last one month, this pharma stock rose to Rs 36.95 from the mark of Rs 28.45 per equity share.
• In year to date (YTD) terms, the stock has gained around 270%, while the stock has gained almost 200% in the last one year.
• As of February 2021, this pharma stock was a penny stock of less than Rs 10 per share. However, after the second wave of Kovid-19, it started touching the sky.

This is how investors benefited

• The share price history of Raj Medisafe India can also be understood in this way, if an investor had invested Rs 1 lakh in this stock a month ago, then his Rs 1 lakh would have become Rs 1.30 lakh today.
• If an investor had invested in this stock at the closing price of December 31, 2020, then his Rs 1 lakh would have become Rs 3.70 lakh today.
• If an investor had invested Rs 1 lakh in this stock six months ago, his Rs 1 lakh would have become Rs 3.09 lakh today as the stock has given almost 209% return in this period.

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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