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In 20 years this multibagger stock has made 1 lakh to 1 crore, do you have it?

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Multibagger stock: Shares of United Spirits are one of the quality stocks that have given great returns to their shareholders over a long period of time. Since the past one month, this Multibagger Brewery stock has been under selling pressure, but for investors who followed a ‘buy, hold and forget’ strategy, this stock has helped their money grow manifold. Over the past 20 years, the stock has risen from a level of ₹8.86 per share to ₹886.75, a nearly 100-fold increase over the period.

Share Price History of United Spirits

  • According to the share price history of United Spirits, this multibagger stock has been under profit-booking pressure for some time now as it has lost 9 per cent in the past one month.
  • However, in the last 6 months, the share price of United Spirits has risen from around ₹612 to ₹886, registering a growth of 45 percent in this period.
  • In the last one year, this stock has increased from about ₹ 567 to ₹ 886 level, registering an increase of close to 56 percent in this period.
  • Over the past five years, the stock has more than doubled to take shareholders’ money to 115 percent. Over the past five years, the share price of United Spirits has risen from ₹380 to ₹886 per level.
  • Similarly, in the last 20 years, the shares of United Spirits have increased from ₹8.86 (close price on November 2, 2001 on NSE) to ₹886.75 (closing price on November 29, 2021 on NSE) from ₹8.86 (closing price on November 29, 2021 on NSE) in the last 20 years, an increase of almost 100 times over the period Is.

impact on investment

  • The share price history of United Spirits can also be understood in such a way that if an investor had invested ₹ 1 lakh in this multibagger stock a month ago, then his ₹ 1 lakh would have become ₹ 91000 today.
  • If an investor had invested ₹ 1 lakh in this stock 6 months ago, then his ₹ 1 lakh would have become ₹ 1.45 lakh today.
  • If an investor had invested ₹ 1 lakh in this stock a year ago, his ₹ 1 lakh would have become ₹ 1.56 lakh today.
  • If an investor had invested ₹ 1 lakh in this multibagger stock 5 years ago, then his ₹ 1 lakh would have become ₹ 2.15 lakh today.
  • If an investor had invested ₹ 1 lakh in this stock 20 years ago by paying ₹ 8.86, then his ₹ 1 lakh would have become about ₹ 1 crore 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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