Multibagger Stock: It is not easy for investors to find a stock that can give multibagger returns. After hard work, such a company is found, which has a strong business model and an efficient management. Once such a company is found, the stock market investors benefit not in buying and selling the stock, but in waiting for a long time. Long term investment in a good quality company with strong business outlook can yield manifold benefits.
This stock rocked
The shares of ‘Aarti Industries’ have registered a lot in the last decade. This chemical stock has gained about 47 percent year on year (YTD) i.e. in 2021. Such high returns in about 8 months can attract an investor, which Aarti Industries had. If we look at the performance of the stock in the last one year, it has given almost 70 per cent return to its shareholders. So even 70 per cent profit in a year is not less from an investor’s point of view.
Know the record of the last few years
If you look at this chemical stock in the last 5 years, it has increased by almost 500 percent. If we look at the history of the last 10 years, then the share price of this chemical manufacturing company closed at Rs 10.83 per equity share on 26 August 2011, while it closed at Rs 926.80 on 27 August 2021. It increased by about 85 times in this period. Hence the stock has given better returns to those who could have held this stock for as long as possible.
Investors have benefited so much
If an investor had invested Rs 1 lakh in Aarti Industries 6 months ago, then today its value has become Rs 1.46 lakh. Similarly, if the investor had invested Rs 1 lakh a year ago, it would have been worth Rs 1.70 lakh. If an investor had invested Rs 1 lakh in this chemical stock 5 years ago, he would have got a return of Rs 6 lakh. Apart from this, 10 years ago there was an investment of Rs 1 lakh in this stock, so today their value has become Rs 85 lakh.
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