Multibagger Stock: This pharma company made its investors rich! Rs 1 lakh has become Rs 1.33 crore, know the details

Natco Pharma Stocks: We all know that investing in the stock market is very risky, but if an investor puts his money in the right place, he can get very strong returns. Stocks which help investors to get huge returns in short span of time are called multibagger stocks. Shares of Natco Pharma, the country’s […]
 


Multibagger Stock: This pharma company made its investors rich!  Rs 1 lakh has become Rs 1.33 crore, know the details

Natco Pharma Stocks: We all know that investing in the stock market is very risky, but if an investor puts his money in the right place, he can get very strong returns. Stocks which help investors to get huge returns in short span of time are called multibagger stocks.

Shares of Natco Pharma, the country’s leading pharma company making cancer and hepatitis C drugs, have been placed in the category of multibagger stocks as it has given strong returns to its investors over a long period of time. Talking about this share of current account, there has been a rapid decline in it in the last few days.

Netco Pharma prices 16% can grow

Yesterday also a decline was seen in its price and it closed at 567. But according to many market experts, its price may increase and it may touch the figure of Rs 660. In such a situation, it is about 16 percent more than the current price. Talking about the market cap of this share, it is Rs 100. 10,350.08 crores.

 

Know about Natco Pharma company details

The medicine of Natco Pharma Company is also sold in the American market. As far as India is concerned, a total of 39 medicines of this brand are sold. Apart from this, this company also manufactures API ie Active Pharmaceutical Ingredients. Now this company has also started making medicines to save crops. In such a situation, this company has now entered the agriculture sector as well. In such a situation, seeing the growing business of the company, experts are advising to buy it.

20 in the year company’s shares 1.33 has given a return of crores

Netco Pharma Company was listed on 22 November 2002. The share price at the time of listing was Rs 4.24. Now it has increased to close at Rs.567. In such a situation, if an investor had invested a total of Rs 1 lakh at that time, now it has increased 133 times to Rs 567. In such a situation, Rs 1 lakh will now become a total of Rs 1.33 crore. On January 17, 2022, this share will be Rs.100. 942.15 has reached an all time high. Now market experts believe that this stock can touch up to Rs 660.