highlights
APL Apollo Tubes stock has returned nearly 9,300 percent over 12 years
The company has made 93.67 lakh rupees from 1 lakh rupees in 12 years
APL Apollo Tubes is a company operating in the steel sector.
New Delhi. How much return do you expect from your investment in the stock market? Maybe 20%, 50% or 100%. But with Multibagger Stock you can earn thousands of percent returns. There are many such stocks in the market that are producing multi-bagger returns. One such stock is APL Apollo Tubes.
APL Apollo Tubes, a manufacturer of structural steel tubes in India, is a medium-sized company with a market value of around Rs.36.53 thousand. The company has returned investors more than seven times over the past three years. At the same time, it has increased its investors’ money by about 93 times over the past 12 years. The share price rose from 14 rupees to 517 rupees.
Steel company achieved a return of around 9,300%
The company first started trading on the NSE around 12 years ago (December 2011). At that time, the effective price of one share was only 14.06 rupees. Since then, the stock is up around 9,267.71 percent. That is to say, if an investor invested Rs. 1 lakh in the company’s shares 12 years ago and maintained that investment to this day, the value of his Rs. 1 lakh would have increased by 9,267.71% to around Rs. 93.67 lakhs today.
(Disclaimer: The stocks mentioned here are based on advice from brokerage houses. If you are interested in investing in these stocks, please consult a certified investment adviser first. News18 is not responsible for your gain or loss of any kind. Will happen.)
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Tags: make money, investments, Tips for making money, Multibagger Stocks, stock market
FIRST RELEASED : July 8, 2023 at 3:50 PM IST
