Multibagger Stocks: The stock market is considered a very risky investment option. Volatility is quite high here. However, many stocks in the stock market have given multifold returns to their investors. Many stocks in the market have given 100 baggers i.e. 100 times more returns. Today we are going to talk about one such stock. This is the stock of Praveg company. In the last 5 years, the price of Praveg’s share has increased from ₹ 4.34 to Rs 730. In this way, this stock has given a return of 15,700 percent to its investors in 5 years.
1 lakh rupees turned into 1.68 crore rupees
If an investor had invested Rs 1 lakh in Praveg shares 5 years ago, today his investment would have been worth Rs 1.68 crore. This stock has been no less than Kuber’s treasure for long-term investors. However, this stock has not performed anything special in the year 2024. This multi-bagger stock has given 0returnsn in a month. Small-cap stock has declined by 16 percent in the last 6 months. This stock has fallen by 8 percent so far this year. At the same time, this stock has given a return of more than 6 percent in the last year.
It increased 5.25 times in 3 years.
In the last 3 years, the share price of Praveg increased from Rs 139 to Rs 730. In this way, this stock has increased 5.25 times in 3 years. At the same time, in the last 5 years, the price of this multi-bagger stock increased from Rs 4.34 to Rs 730. This is a jump of 15,700 percent. If an investor had invested Rs 1 lakh in this stock a month ago, its price would have remained the same today. If 1 lakh rupees were invested 6 months ago, then today this investment would have been Rs 84,000. If someone had invested Rs 1 lakh at the beginning of the year 2024, then today it would have been Rs 92,000. If 1 lakh rupees were invested 3 years ago, then today this investment would have been Rs 5.25 lakh. If someone had invested Rs 1 lakh in this stock 5 years ago, then today this amount would have become Rs 1.68 crore.