Five stocks that converted an investment of Rs 1 lakh into Rs 1 crore

If investors are in search of such stocks in the stock market, then there is a possibility of giving manifold returns. However, it is very difficult to find such stocks and at the same time it should be remembered that good profit comes not from buying and selling but from holding the stock.

Income Tax Return: Last date for filing income tax return extended to 31st December

Here is information about 5 such stocks in which investment of Rs 1 lakh is more than Rs 1 crore in last 11 years.

1. Avanti Feeds

The business of this company is related to aquaculture. It produces feed for prawns as well as processes and exports prawns. The stock price of Avanti Feeds was Rs 1.6 in April 2010 and is currently trading at Rs 562. The company has given a return of 35,019 percent in the last 11 years.

The investment of Rs 1 lakh in this stock in 2010 has become around Rs 3.5 crore.

2. Bajaj Finance

The main business of the company is to provide loans. It has presence in multiple segments like retail, SME and commercial customers. It also offers financial services to its customers.

The stock price of Bajaj Finance has increased from Rs 33 to Rs 7,508 so far. It has given a return of 22,652 per cent in the last 11 years. Had an investor invested Rs 1 lakh in the company, it would have become around Rs 2.3 crore at the current valuation.

3. Atul Limited

It is a diversified and integrated chemical company which is part of Lalbhai Group of Gujarat. The company’s products are used in various industries.

The stock of Atul Limited has given a return of 10,097 percent in the last 11 years. Its stock price was Rs 91.3 in 2010, which has now reached Rs 9,309. If an investor had invested Rs 1 lakh in it in 2009, it would have become around Rs 1 crore now.

4. PI Industries

This company does business in the Agro Chemicals segment. Along with selling in the domestic market, it also has a presence in exports.

The stock of PI Industries has given returns of over 10,900 per cent in the last 11 years. Its stock price was Rs 31 in April 2010, which has now reached Rs 3,410. An investment of Rs 1 lakh in this stock in 2010 would have now become Rs 1.1 crore.

5. Astral Poly Technique

Associated with the production of plastic products, the company’s subsidiaries manufacture pipes, fittings and adhesive solutions.

Astral Poly Technic stock has given very good returns over the last 11 years. The stock price of the company has increased from Rs 12.6 in April 2010 to Rs 2,117 now. It has given a return of 16,701 percent.

An investment of Rs 1 lakh in this stock in 2010 would have now become around Rs 1.7 crore.

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