Multibagger Stocks: Anyone who invests money in the stock market wants their money to double or triple as quickly as possible. But not every wish is fulfilled. There is a saying that money in the stock market is not made by buying or selling stocks, but by waiting. Today we also tell you about 5 such stocks that have been driving long-term investors crazy.
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These multibagger stocks have given investors more than 100x returns in ten years. The investor who only invested 10,000 in these stocks is also a millionaire today. Those who invest Rs 10,000 in these shares are now getting Rs 10,000 to Rs 37,000.
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Jyoti Resins share price was Rs.4 in April 2013 on the NSE. Now it has risen to Rs 1480. In this way, this stock has generated a return of 36900 percent in a ten-year period. In this regard, the investment has gone from Rs 10,000 to Rs 37 lakh.
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Hindustan Foods share price was 1.70 rupees on BSE in April 2013. Today it has reached Rs 590. That way, in ten years, there has been a 34,000 percent return, or 347 times that. Ten thousand invested in this multibagger stock ten years ago has become Rs 34.70 lakh today.
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KEI Industries stock has returned about 16172 percent in 10 years. In April 2013, NSE share price was close to Rs 11. Now its price has become Rs.1790. An investment of Rs 10,000 made ten years ago has turned into Rs 16.30 lakh.
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Tanla Platforms has also showered investors with a lot of money in the long term. In April 2013, NSE share price was Rs.5. Now this stock is available at Rs.660. In this way, Tanla Platforms has achieved a return of 13100% in 10 years. The investor who invested 10,000 rupees in this stock ten years ago and has held to this day is now getting 13.2 lakh rupees.
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JBM Auto stock is also a multibagger stock. This stock has returned about 12900 percent in 10 years. In April 2013 NSE share price was Rs 6 which has now reached Rs 780. A Rs 10,000 investment in this ten years ago has now turned into Rs 13 lakh.
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(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. )
