1 crore made from Rs 10,000 in 20 years, this multibagger stock did this amazing

Multibagger Stock: Patience is one of the most important qualities for stock market investors. According to veteran investors, money is not in buying and selling of shares but in waiting. Try to keep a quality stock with you as long as possible. A longer duration not only lowers the risk factor of equity exposure but it also helps the investor to maximize his returns.

The shares of Eicher Motors are a great example of this ‘buy, hold and forget’ strategy. Over the past 20 years, the share price of Eicher Motors has risen from ₹2.43 to ₹2712 per share, a nearly 1116-fold increase in two decades.

Eicher Motors share price history

• In the last six months, the share price of Eicher Motors has risen from ₹25 to ₹2712.
• In the last one year, this auto stock has registered a growth of around 24 per cent. During this time the share price increased from ₹ 85 to ₹ 2712 per level.
• In the last one and a half years, this stock has given multibagger returns of about 115 per cent. Since April 2020, the share price of Eicher Motors has increased from approximately ₹ 1268 to ₹ 2712 per share.
• Over the last 10 years, this multibagger stock has risen from around ₹174 to ₹2712 levels, an increase of about 15.60 times in this period.
• In the last 20 years, the share price of Eicher Motors has increased from ₹43 (Closing Price on NSE 15 November 2001) to ₹2712 (Closing Price on NSE on 8 November 2021) from ₹43 (Closing Price on NSE on November 15, 2001) to ₹1116 in shareholders’ money during this period. has increased.

impact on investment

• The share price history of Eicher Motors can also be understood in such a way that if an investor had invested ₹ 10,000 in this auto stock six months ago, his ₹ 10,000 would have become ₹ 11,100 today.
• If the investor had invested ₹10,000 in Eicher Motors shares a year ago, his ₹10,000 would have become ₹12,400 today.
• Similarly, if an investor had invested ₹10,000 in this stock at the beginning of April 2020, ₹10,000 would have become ₹21,500 today.
• If an investor had invested ₹10,000 in this stock 10 years ago, his ₹10,000 would have become ₹56 lakh today.
• If an investor had invested ₹10,000 in this stock 20 years ago, his ₹10,000 would have become ₹116 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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