Top Multibagger Stock 2021: If money is invested thoughtfully in the stock market, then the chances of getting better returns in a short time increase. Today we are telling you about such a multibagger stock, which has made investors rich in the last one year. It has given returns of more than 800 percent. The share price of National Standard India was Rs 298.60 per stock in September 2020, which went up to Rs 2,969 per stock in September 2021. It has given a return of 894.39% in the last one year. At present, this stock is proving to be beneficial for the investors.
How did investors raise money?
Looking at the past record of this stock, it can be said that if a person had invested Rs 1 lakh in National Standard Stock in September 2020, then his amount would now be Rs 9.94 lakh. This midcap stock recently hit the upper circuit of 5%. The stock has risen 5% to Rs 2969.25 against the previous close of Rs 2,827 on BSE. It is consistently giving excellent returns to the investors. National Standard India stock is trading above 5 Day, 20 Day, 50 Day, 100 Day and 200 Day Moving Average. The stock has gained 569.5% since the beginning of this year.
Know how much is the market cap of the company
According to the quarter ended June last, the market cap of this company was Rs 5,939 crore. Apart from this, in terms of stockholders, one promoter held 73.94% stake in the company and 1,145 public shareholders held 26.06% stake in the firm. National Standard India Limited is a real estate development company. The company develops and manufactures residential real estate projects in Mumbai. If you are planning to invest in this company, then look at the record of its last 10 years and definitely take advice from experts.
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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