For Rs 1 Lakh Investment, This Multibagger Stock Yielded Rs 26 Lakh Returns In 10 Years – News18

Genus Power Infrastructures Limited is without doubt one of the shares which is giving huge returns to its buyers in India. The firm primarily offers within the manufacturing and distribution of good power meters, energy distribution administration initiatives and hybrid microcircuits. It has not solely benefited its lengthy-time period buyers however has additionally given enormous income to its brief-time period buyers. Till now, the corporate’s inventory costs have given round 2,000 p.c revenue to its lengthy-time period buyers. In the final six months, Genus Power shares have given 182 p.c returns to its lengthy-time period and brief-time period buyers.

There are a number of causes for this surge in revenue within the inventory worth of the corporate. One of them is the massive orders which it has just lately acquired from the federal government. These orders for good meters are price Rs 3115.01 crore. Under this order, Genus Power has to supply superior metering infrastructure service. Along with this, in addition they need to do the work of provide, commissioning and set up of pay as you go meters. It is anticipated that after these orders, the whole order e book of the corporate will now exceed Rs 14,000 crore. It isn’t any marvel that buyers are keenly within the shares of this firm, as it’s yielding enormous income.

On the final buying and selling day, on October 23, the Genus Power Infrastructure firm inventory worth was recorded at Rs 251.15 with an intraday decline of 1.47 p.c on NSE. Today, this share was opened at Rs 260 and is presently buying and selling at Rs 259 on NSE. This multi-bagger inventory has given over 200 p.c return revenue to buyers within the final 12 months. The firm has given a 790 p.c return to its buyers in 5 years.

Let’s give an estimate of the income earned by buyers. Suppose an investor buys the shares of Genus Infrastructure price Rs 1 lakh ten years in the past; again in 2013, October 25, the value of this share was solely Rs 9.75, which has now elevated to Rs 267 — as recorded on October 23, 2023, on NSE. Had the investor maintained his funding from 2013, then right now the worth of his funding can be Rs 26 lakh.