Flomic Global Logistics is a small-cap firm having a market capitalization of Rs 76 crore.
The share value has zoomed from 35 paise every 5 years in the past to Rs 106.8 per piece as on April 26, 2023.
Amid heavy volatility in the Indian share market, given even a small disturbance in the home and abroad financial system and markets can create a multiplier impact on it, some shares have given robust returns to their traders on a long-term foundation.
Despite a number of elements like uneven geopolitical local weather and hiccups in the overseas markets, particularly the US and China markets, there are some Indian shares which have carried out extraordinarily nicely, shrugging off all of the market-related and financial uncertainties.
One such inventory is Flomic Global Logistics Ltd, which is a worldwide logistics and freight service supplier. Investors placing a small sum of money in this inventory have turned richer even on a long-term foundation, because of the scrip’s great progress curve.
Flomic Global Logistics is a small-cap firm having a market capitalization of Rs 76 crore, and its shares ended Wednesday at a value of Rs 106.8 per piece on the BSE.
A penny inventory 5 years in the past, Flomic Global Logistics has given multibagger returns to traders in the final 5 years.
The firm’s shares have rallied over 30,000 % in the interval, making traders loopy wealthy. The share value has zoomed from 35 paise every 5 years in the past to Rs 106.8 per piece as on April 26, 2023.
This implies that if an investor purchased shares of Flomic Global Logistics value Rs 1 lakh 5 years in the past, their funding worth would have soared to capital of multiples of crores as on Wednesday, April 26, 2023, up by greater than 30,400 % in solely 5 years.
Investors placing in their cash in Flomic Global Logistics have turn out to be crorepatis on a long-term foundation.
In truth, in solely a interval of two years, the small-cap inventory has given its traders great returns of 1400 %. This means if an individual would have invested Rs 1 lakh in this share two years in the past, their funding would have taken the type of Rs 15 lakh immediately.
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