This stock made Rs 1 lakh in 10 years to Rs 1.37 crore, do you have it?

Multibagger stock: It is not enough to just find good stocks in stock market investment because money is not just in buying and selling but in waiting. The art of stock keeping should be developed as much as possible. Only then can one maximize his profit. A great example of how patience rewards the investors of the stock market is the shares of Balaji Amines. This chemical stock increased from Rs 34.60 per equity share level (close price on 23 September 2011 on NSE) to Rs 4,746.90 per share (close price on 17 September 2021 on NSE) i.e. almost 137 times during this period.

Balaji Amines share price history

• The shares of Balaji Amines are one of the 23 multibagger stocks in the chemical sector in 2021.
• Last week, the share price of Balaji Amines rose to Rs 4746.90 from Rs 4420.40. An increase of about 7.50 percent.
• In the last one month, this chemical stock rose from Rs 3319 per equity share to Rs 4746.90 level. That is, an increase of about 43 percent.
• In the last 6 months, the shares of Balaji Amines have risen from Rs 1691.80 to Rs 4746.90 per stock level, which means an increase of up to 180 per cent.
• In the last one year, the share price of Balaji Amines has increased by almost 470 percent, as the share price has increased from Rs 835.80 to a level of 4746.90 during this period.
• If we look at the performance of this chemical stock in the last 5 years, then it has increased from Rs 313.30 to the level of 4746.90. There has been an increase of about 1415 percent in this period.
• Similarly, the stock has registered a growth of 137 times in the last 10 years after rising from Rs 34.60 to Rs 4746.90 per equity share level.

impact on investment

• The share price history of Balaji Amines can also be understood in this way. If an investor had invested Rs 1 lakh in this chemical stock a week ago, his Rs 1 lakh would have become Rs 1.075 lakh today.
• If the investor had invested Rs 1 lakh in this multibagger stock a month ago, his Rs 1 lakh would have become Rs 1.43 lakh today.
• If an investor had invested Rs 1 lakh in this counter 6 months ago, then his Rs 1 lakh would have become Rs 2.80 lakh today.
• Similarly, if an investor had invested Rs 1 lakh in the shares of Balaji Amines a year ago, his Rs 1 lakh would have become Rs 5.70 lakh today.
• If the investment had been made 5 years ago, then an investor’s Rs 1 lakh would have increased to Rs 15.15 lakh.
• If an investor had invested Rs 1 lakh 10 years ago, his Rs 1 lakh would have become Rs 1.37 crore 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.)

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