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This multibagger stock made investors millionaires in 10 years, gave 123 times return

Bajaj Finance Share Price: Investors are advised to be patient while investing money in the stock market. According to experts, investors should keep the stock with them for as long as possible. This long term investment strategy not only helps in reducing the risk but also gives manifold returns on one’s investment. Bajaj Finance is also one of the stocks giving huge returns in the long term. This multibagger stock has increased from Rs 63 per share to Rs 7786 per equity share level in the last 10 years. In this period, it has given about 123 times returns to its shareholders.

Past Record of Bajaj Finance Share Prices
In the last one week, this multibagger stock has increased from the level of Rs 7386 per share to the level of Rs 7786 per share. In the last one month, the share price of Bajaj Finance has increased from Rs 6944.95 to Rs 7786.45 per share level. It registered an increase of about 12 percent during this period. Similarly, in the last 6 months, this multibagger stock increased from the level of Rs 5122.20 to 7786.45 per equity share. There was an increase of about 52 percent in this time-frame.

Shares of Bajaj Finance have given multibagger returns in the last one year as it has risen from Rs 3138.95 per share to Rs 7786.45 per share level. There has been an increase of about 150 percent in this period. In last 5 years this financial stock has increased from 1055.90 per stock level to Rs 7786.45 level. Similarly if we look at the share price of Bajaj Finance over the last 10 years, Multibagger stock closed at Rs 63 on NSE on 16 September 2011, while it closed at Rs 7786.45 per share on NSE on 24 September 2021. It has increased by about 123 times in this period and the investors have got huge returns.

How did investors raise money?
If an investor had invested 1 lakh a month ago in the shares of Bajaj Finance, he would have got a return of 1.12 lakh today. If the investor had invested 1 lakh in this financial stock 6 months back, he would have got a return of 1.52 lakh. An investment of 1 lakh a year ago in this share of Bajaj Group would have given a return of 2.50 lakhs today. Similarly, if an investor had invested Rs 1 lakh 5 years ago, his amount would have become Rs 7.37 lakh today. Whereas 10 years ago, on an investment of Rs 1 lakh in the shares of Bajaj Finance, an amount of 1.23 crores would have been received by the investor 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.)

Also read: Multibagger Stock Tips: This multibagger stock has made investors rich in 10 years, gave about 86 times return

Multibagger Stock Tips: In the year 2021, this multibagger stock made investors’ money 3 times, know these important things before investing

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Shivam Bangwal

Shivam Bangwal is a young entrepreneur who hails from Uttarakhand. Shivam is a professional full time Digital Marketing and PR expert with a post graduation degree of Master's of Computer Applications. He is a founder of Youthistaan, People News Chronicle, Branding Panther and Digital Leader.

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