highlights
Flomic Global stock has returned 32,142 percent over the last 5 years.
In 2 years, this stock has given investors a 1400% gain.
Already today there is a price gain of more than 3 percent in this share.
Multibagger Bearing : On the stock market, shares in a few small companies have thwarted investors. Flomic Global Logistics Limited Share stock name is also included in the list of stocks that make investors money. This stock, which fell under the penny stock category 5 years ago, has provided investors with multibagger returns. If an investor invested Rs 1 lakh in this stock 5 years ago, today he has become a crorepati. Also today, Flomic Global stock is trading at the level of Rs 113.85 (Flomic Global Logistics Limited stock price) with a gain of 3 percent.
Flomic is a global logistics and freight service provider. It offers its service in many countries. Shares of this BSE-listed company are up more than 11 percent in the last five trading sessions, and in one month the stock is up about 26 percent. Flomic Global Logistics market capitalization is now at Rs 81.07 crore. The 52-week high for this stock is 181.90 rupees. At the same time, its 52-week low stands at Rs 71.60.
Also Read This – Multibagger Stock: Doubling in the Money in a Year, Still Bullish, Will You Invest in the Profitable Stock?
32,142% return in 5 years
Flomic Global Logistics Limited shares have been driving investors crazy for the past five years. Five years ago, the price of this stock was only 35 Paise. Now it has risen to Rs 114.80. In this way, it has generated a return of 32,142 percent over the past five years.
Rs 32,285,714 from 1 lakh
If an investor invested Rs 1 lakh in this stock five years ago and has held it to date, he is a crorepati today. Now his one lakh rupees have risen to 32,285,714 rupees. This means that he can now conveniently buy a car bungalow. Similarly, this stock has returned 1400% in two years. If I had invested Rs 1,000 in this stock two years ago, today that investment would have taken the form of Rs 15,000.
Also read this – error on EPFO website, account holders cannot see E-Passbook, user asked – when will matter be resolved, received this reply
Investing in smaller companies is riskier
Stock market experts say investing in small company stocks is riskier. Information about small businesses is less. The liquidity of such stocks is also lower. Due to the small market capitalization and low liquidity, their price manipulation is easy. Because of this, investors often fall victim to fraud.
(Disclaimer: Information given here is based on stock performance. Before investing, consult an expert. NEWS18 Hindi will not be held responsible for your loss.)
Be the first to read breaking news in Hindi News18 Hindi| Read Today’s Latest News, Live News Updates, Most Reliable Hindi News Website News18 Hindi.
Keywords: Business News in Hindi, Money making tips, Multibagger Stocks, stock market, stock tips
FIRST RELEASED : April 25, 2023 at 14:34 CET
