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These 5 stocks made 1 lakh rupees to 1 crore in 11 years, investors became rich

Multibagger Stock: Patience is one of the important qualities for stock market investors, as the money is not in buying and selling but in holding a stock for as long as possible. According to veteran investors, buying a stock means investing in a business and hence one should keep the stock with him as long as his profit potential remains. There is a long list of multibagger stocks that have turned lakhs into crores over a long period of time.

Here, we are listing 5 multibagger stocks that have turned ₹1 Lakh into over ₹1 Crore in 11 years:-

Bajaj Finance:

  • Multibagger stock was around ₹64 to ₹65 in November 2011 while it was around ₹40 per share level in April 2010.
  • The share price of Bajaj Finance on NSE is ₹ 6780 today.
  • In this way, this multibagger stock has increased more than 100 times in this period of 10 to 11 years.
  • If an investor had invested ₹ 1 lakh in this counter 11 years ago by buying shares at the level of ₹ 40, then his ₹ 1 lakh would have become approximately ₹ 1.69 crore.

Avanti Feeds:

  • The stock remains a non-performer in 2021 as it has given only 4.20 per cent year-to-date returns.
  • However, over the long term, it has become a quality stock from a penny stock.
  • In the last 11 years, it has increased from around ₹60 per share level in April 2010 to ₹542.15 per share on NSE. That is, it increased by about 338 times in this period.
  • So, if an investor had invested ₹1 lakh 11 years ago in this multibagger stock by buying shares at ₹60 level, his ₹1 lakh would have become ₹3.38 crore today.

Astral Limited:

  • This stock included in the multibagger stocks in 2021 is giving great returns to its shareholders throughout the year.
  • In the year-to-date, this stock has given around 64 per cent returns to its shareholders while in the last one year it has given almost 100 per cent returns.
  • The stock has risen from around ₹12 per share level in April 2010 to ₹45 on NSE today. There has been an increase of about 179 times in this period.
  • If an investor had invested ₹1 lakh in this multibagger stock 11 years ago, his ₹1 lakh would have become ₹79 crore today.

Deepak Nitrite:

  • This chemical stock is one of the multibagger stocks of 2021.
  • In 2021, the share price of Deepak Nitrite has increased from around ₹ 988 to a level of 2103. That is, the year to date has increased by around 112 percent.
  • Over the last 11 years, this chemical stock has grown from around ₹18 in October 2010 to ₹2103 per share today, an increase of nearly 117 times over the same period.
  • If an investor had invested ₹ 1 lakh in this counter 11 years ago, then his ₹ 1 lakh would have become ₹ 17 crore today.

Vaibhav Global:

  • The stock has been under selling pressure for the last six months. But, over the long term, it has a history of delivering great returns to its shareholders.
  • Shares of Vaibhav Global were around ₹50 level in December 2010 and today it is at ₹523.05 level, have increased almost 116 times in this period.
  • If an investor had invested ₹ 1 lakh in this counter in December 2010, then his ₹ 1 lakh would have become ₹ 16 crore.

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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