This multibagger stock gave almost 10 times return to its investors in 6 years

Aarti Industries Stock: This year the stock market has touched its all-time high and during this time the prices of shares of all sectors have increased significantly. The prices of all the stocks, especially in the chemical sector, have seen a rise in the last few years. The shares of Aarti Industries are one of them, which have given more than 10 times returns to their investors in the last 6 years. Now this stock has reached its highest level of Rs 1071.55 on NSE. It took about 6 years for this chemical stock to reach Rs 1000 per stock from Rs 100 per stock.

According to stock market experts, this multibagger stock is still looking bullish and can go up to Rs 1150 per equity stock level in the short term. Stock market experts say that Aarti Industries’ plants are running at high utilization level in line with the demand in the domestic market, indicating a strong future growth outlook. In such a situation, investing in this stock for a long time can be beneficial.

past record of aarti industries share prices
Talking about the previous record of the stock of this multibagger stock, this stock was in penny stocks till the beginning of 2014. But from February 2014, penny stocks started showing a sharp jump from the chemical space. From March to September 2014 it increased from Rs 22 (Closing price on 14 February 2014 on NSE) to Rs 70.70 on NSE (Closing price on 19 December 2014). It achieved triple digit figures for the first time in July 2015, beating the penny stock tag.

The Multibagger Chemicals stock continued its rising trend and continued to rise in the upcoming trading sessions. Finally, on 4 October 2021, the chemical stock touched the ₹ 1000 mark giving a new breakout for the investors. Those who had invested in this stock about 6 years ago, today they are getting huge returns and they are getting rich.

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: These 4 Multibagger Stocks gave up to 300 percent returns in the year 2021, do you have any?

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Shivam Bangwal

Shivam Bangwal is an Indian based entrepreneur who is a tech, travel and coding enthusiast with a post graduation degree on Master's of Computer Applications. He is a founder of Youthistaan, People News Chronicle, Hitchhike TV, Branding Panther and many more.

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