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This multibagger stock made investors millionaires in 20 years, gave a return of 8 crores on 1 lakh

Top Multibagger Stock 2021: Investors should invest money in the stock market with patience. The money in the market is not in buying and selling shares, but in waiting after investing. Investors can change their fortunes by developing a ‘buy, hold and forget’ strategy. The shares of Atul Limited are a great example of this. The share price of this integrated chemical company increased from Rs 11.30 per share to Rs 9,250 per equity share. In the last 20 years, the price of shares has increased almost 818 times.

past record of atul shares
In the last one month, the share price of Atul has increased from Rs 8864.05 per equity share level to Rs 9250. There has been an increase of about 4.35 percent in this. In the last 6 months, the price of this chemical stock has increased from Rs 6784 per stock level to Rs 9250. Its prices registered an increase of 36.35 percent during this period. Similarly, shares of Atul have gained 47 per cent in the last one year, while the share price of Atul has reached close to 325 per cent in the last five years. Apart from this, the price of this share has increased from Rs 11.30 per share level to 9250 per share in the last 20 years. It has increased by 818 times in the last 20 years.

How did investors raise money?
If an investor had invested Rs 1 lakh in this chemical stock a month ago, his amount would have been 1.04 lakh. If an investor had invested Rs 1 lakh in this stock 6 months ago, then his money has become Rs 1.36 lakh today. Similarly, if an investor had invested 1 lakh in Atul’s shares a year ago, his amount would have been Rs 1.47 lakh. However, if an investor had invested Rs 1 lakh in Atul’s shares 20 years ago, he would have been a millionaire today, as his Rs 1 lakh would have become Rs 8.18 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.)

Also read: Multibagger Stock Tips: This multibagger stock has doubled in one year, know what is expected in the future

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