Multibagger Stock: Stock like this, made investors millionaires in 10 years, still giving good returns
New Delhi. How much return do you expect from your investment in the Share Market? Maybe 20%, 50% or 100%. But in Multibagger Stock, you can get thousands of percent returns. There are many such stocks in the market which have given multibagger returns. One such share is of APL Apollo Tubes, the country’s largest structural steel tubing company. This stock has made investors millionaires in just 10 years.
APL shares had reached record high 2 days ago. 2 days ago it jumped more than 82 percent in 10 months to reach a record high. Its shares are currently priced at Rs 1715.15. According to domestic brokerage company Sharekhan, it can jump about 17 percent from the current level.
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11334 percent jump in 10 years
If we look at the history of APL Apollo Tubes stock, in just 10 years it made investors millionaires with an investment of Rs 88,000. Actually, its shares were available for just Rs 15 on 13 September 2013. Now it is up 11334 percent at Rs 1715.15.
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82 percent increase in 10 months
Last year, on 10 November 2022, it was at a one-year low of Rs 990. After this, in 10 months, it jumped above 82 percent and reached a record high of Rs 1806.20 on 6 September 2023.
(Disclaimer: The stocks mentioned here are based on the advice of brokerage houses. If you want to invest in any of these, first consult a certified investment advisor. News18 is not responsible for your profit or loss of any kind. will be.)
Tags: earn money, investment, Investment and return, Money Making Tips, multibagger stocks, stock market
FIRST PUBLISHED: September 10, 2023, 07:00 IST