Curated By: Business Desk
Last Updated: February 12, 2024, 15:54 IST
In the yr 2022, the share worth of Suraj Products stood at Rs 112.
Suraj Products, the multi-bagger inventory, has surged from round Rs 10 to Rs 447 in the previous couple of years, delivering round a 5,400 per cent return to its lengthy-time period traders.
For those that depend on investing closely, you will need to think about whether or not the corporate is provided sufficient to develop at a quicker charge. In different phrases, one mustn’t have a look at whether or not the corporate is small-cap, mid-cap, or massive-cap whereas investing the cash. Don’t consider us? Well, the dramatic surge within the shares of Suraj Products shares within the final 4 years is a testomony to how a protracted-time period inventory market funding could make somebody earn multi-fold.
Suraj Products, the multi-bagger inventory, has surged from round Rs 10 to Rs 447 in the previous couple of years, delivering round a 5,400 per cent return to its lengthy-time period traders. The final month noticed the Suraj Products shares growing from Rs 425 to Rs 445 a bit degree on BSE, witnessing a 4 per cent rise. Additionally, within the final six months, Suraj Products clocked a 95 per cent rise because it surged from Rs 229 to Rs 445 per share degree, clocking a 95 per cent rise on this time. As far as the expansion since final yr is anxious, the multi-bagger inventory has ascended from Rs 135 to Rs 445 with a complete of practically 230 per cent rise on this time.
In the yr 2022, the share worth of Suraj Products stood at Rs 112 which implies that the corporate has logged round 300 per cent rise over the interval spanning two years. Likewise, within the final three years, the share worth of the corporate witnessed a hike of 1200 per cent because it ascended from Rs 35 to Rs 445 apiece ranges. Meanwhile, a complete of 5400 per cent surge within the share worth of the multi-bagger inventory earned its traders a whopping revenue within the final 4 years.
Simply put, an investor who invested Rs 1 lakh on this multi-bagger inventory 4 years in the past would have earned a revenue of Rs 55 lakh as we speak. Meanwhile, the shares of Suraj Products can be found for commerce on BSE solely. It ended with a market cap of Rs 506 crore on Friday.
