Multibagger Stock: The year 2021 has seen a huge increase in the number of shares that have doubled the shareholder’s money in a year or less. According to market observers, this could be due to the rally in the markets after the first wave of Kovid-19. After heavy selling in February and March 2020, NSE Nifty has now more than doubled. In this sharp rise, small-cap and mid-cap stocks played a key role as they too climbed to record highs in this sharp rebound.
Those who have invested in small-cap stocks during this period have been able to garner huge returns. The shares of Deep Industries are one of such small-cap stocks. In the last six months, the price of this energy share has increased from Rs 35.60 per stock to Rs 129.55 per stock. In this way the stock has given about 265 percent return to its shareholders in a very short time.
Check the past record of the stock
Shares of Deep Industries rose from Rs 114.50 to Rs 129.55 in last 5 trading sessions. There was an increase of about 13 percent in this period. Similarly, the share price of Deep Industries rose from Rs 94.75 to Rs 129.55 in the last one month, giving a return of around 36 per cent to its shareholders. However, in the last 6 months, the share price of Deep Industries has increased from Rs 35.60 per share level to Rs 129.55 per share. In this way, an increase of about 265 percent has been registered in this stock in 6 months.
effect on investors’ money
If an investor had invested Rs 1 lakh in this stock before 5 trade sessions, his amount would have been Rs 1.13 lakh. Similarly, if an investor had invested Rs 1 lakh in this stock a month ago, then today his amount would have become Rs 1.36 lakh. However, if an investor had invested Rs 1 lakh in this stock 6 months ago, his amount would have become Rs 3.65 lakh today.
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