Multibagger Stocks 2021: If you are also planning to earn bumper from the stock market, then there is good news for you. Today we will tell you about the bumper earning multibagger stock, which has given returns of up to 775 percent to its investors in just one year and this stock is likely to have good returns in the coming times as well. If you are also looking for such a stock, then at this time you have a good chance.
Selling dominates the market
Let us tell you that at this time a selling trend is being seen in the stock market, so in such a situation, you can earn profit in the bullish market by buying shares at the lower level. The multibagger stock we are talking about today is named Arihant Superstructures. This stock has given a return of 200 or 300 to the investors rather than the entire 775 percent.
A year ago the stock price was Rs 20
Let us tell you that this is a stock of a realty firm. In October 2020, the price of this share was Rs 20 per stock. At the same time, after today’s trading, the stock closed at Rs 175.00 with a gain of Rs 9.10 or 5.49 per cent.
Know when and how much return was given?
If we talk about the last one month, then this stock has given a return of about 18.85 percent in one month. If we talk about 6 months, then this stock has given a return of 178 percent to its investors. Apart from this, if its one-year return is seen, then this stock has given a return of 775 percent.
1 lakh became 7 lakh 75 thousand
If an investor had invested Rs 1 lakh in this stock, then your Rs 1 lakh would have turned into Rs 775000. At the same time, if you had invested Rs 1 lakh a month ago, then your Rs 1 lakh would have been converted into Rs 1,18,850. Apart from this, if you had invested Rs 1 lakh 6 months ago, then your 1 lakh would have turned into Rs 2,78,800.
Brokerage house gave buying opinion
Arihant Superstructures has reported a net profit of Rs 11.63 crore during the second quarter of the current financial year i.e. July-September 2021, as against Rs 4.15 crore in the corresponding period of last year. Apart from this, there has also been an increase in the net sales of the company. This net sale has increased by 8% to Rs 87.80 crore. Apart from this, if we look at the quarter of last year, it has increased to Rs 63.60 crore. At the same time, talk about the brokerage house, most of the brokerage houses have given a buying opinion on it.
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