highlights
The market capitalization of Lotus Chocolate Company is Rs 379 crore.
Lotus Chocolate stock has returned 177% in one month.
In one year, this stock has returned investors 134 percent.
New Delhi. In the stock market, you never know which stock will be sold to whom. Here, some stocks have filled investors’ pockets with money in a very short space of time. Shares in Lotus Chocolate Share, a chocolate maker, also rallied over the past month. This multibagger stock has long been a consistent hit in the upper echelons. Yesterday ie Wednesday the stock closed at Rs.295.15 up 5 percent. This is the stock’s new 52-week high. In one month, this stock has gained 177 percent.
It’s not like the stock has gained momentum now. This stock has been bringing investors good returns for a long time. It has doubled investors’ money in one year, so this stock has returned investors 500% over the past five years. The company’s market capitalization is Rs 379 crore. The 52 week low of this multibagger stock is 81.90 rupees.
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The reason for the recent increase in the company’s shares is the acquisition of shares by Reliance Consumer Products Limited and Reliance Retail Limited. Since news broke of these two companies investing in Lotus Chocolate, the company’s shares have rallied and investors are investing heavily in the company. Because of this, it has been hitting the upper circuit non-stop for some time.
Investors received multibagger returns
Lotus Chocolates stock has a long history of delivering good returns for investors. Over the past five years, this stock has returned investors 500 percent. On February 2, 2018, the share price was Rs 49.15 which has now risen to Rs 295.15. At the same time, this stock has delivered a 134 percent return for investors over the past year. Similarly, investors have gained 163 percent over the past 6 months. Similarly, over the past month, Lotus Chocolate stock has returned 177 percent.
Rs 1 lakh became 6 lakh
If an investor invested Rs 1 lakh in the shares of Lotus Chocolate five years ago, today his investor has taken the form of Rs 600,508. If an investor invested Rs 1 lakh in this stock a month ago, today his money has risen to Rs 277,788.
(Disclaimer: The stocks mentioned here are based on the advice of the brokerage houses. If you are interested in investing in any of these stocks, consult a certified investment adviser first. News18 is not responsible for your gain or loss of any kind. Will happen. )
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Keywords: Business News in Hindi, Money making tips, Multibagger Stocks, stock market
FIRST RELEASED : January 27, 2023 at 8:16 am IST
