Mulitbagger Stocks: These IT stocks gave a return of 4000% in 10 years, your 1 lakh rupees made 41 lakhs

Mulitbagger Stocks: NSE Nifty has doubled today from its lowest level in April 2020. During this time all the smallcap, midcap stocks have been at a record high. Many stocks have given tremendous returns in this boom. If you are a long term investor, have you considered this multibagger IT stock?

We are talking about Mindtree shares. This IT stock has given 4000% return in the last 10 years. In the last 10 years, the shares of Mindtree have increased from Rs 81.75 to Rs 3355.40 today.

If we look at the performance of Mindtree shares, the price of its shares increased from Rs 2930 to Rs 3355.40 in just 5 trading sessions. Whereas during the last one month, the price of its shares has increased from Rs 2762.95 to Rs 3355.40. Mindtree shares have given multibagger returns even if we look at the performance of the last 6 months. In these 6 months, the shares of this IT company have increased from Rs 1614.55 to Rs 3355.40. The company gave a return of 107% during this period.

However, Mindtree shares have given a return of 185 per cent in the last one year. Whereas if we look at the figures of 5 years, it has given 486% return. During this, the shares of Mindtree have increased from Rs 569.25 to Rs 3355.40. But if we look at the number of last 10 years, it has given a return of 4000%. During this, the shares of Mindtree have increased from Rs 81.75 to Rs 3355.40.

According to this, if you had invested 1 lakh rupees in Mindtree shares 10 years ago, then today its value would have been 41 lakh rupees. If you had invested Rs 1 lakh in Mindtree shares 5 years ago, you would have made that Rs 5.86 lakh.

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