Here we are trying to tell you the importance of patience in the stock market through a stock. It is also clear from this story that we cannot make money only by buying and selling in the market, but for this we also have to give time. This is one of the basic mantras of investing. We also tell you the essence of the story that we are going to tell you here and that is that the investors who identify quality stocks and invest in them and stay for a long time are the ultimate winners.
Here is the name of the share whose story we are narrating Atul Limited. It is a stock of an integrated chemical company. It was trading on the NSE on September 13, 2001 at Rs 11.30 per share. At the same time, on 9 September 2021, it was closed on NSE itself at Rs 9250 per share. During these 20 years, this stock has seen a jump of 818 times.
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Atul Shares Price History
In the last 1 month, this stock has increased from Rs 8864.05 to Rs 9250 with a gain of 4.35 percent. At the same time, in the last 6 months, this stock has increased from Rs 6784.05 to Rs 9250 with a gain of 36.35 percent. On the other hand, if we look at the performance of the last one year, then this stock has run up 47 percent in this period. On the other hand, if we look at the performance of the last 5 years, this stock has seen a rise of 325 percent. At the same time, in a span of 20 years, this stock has run 818 times.
What was the impact on investors
Analyzing the 20 years performance of Atul shares, if an investor had invested Rs 1 lakh in this stock 1 month ago, his Rs 1 lakh would have become Rs 1.04 lakh. On the other hand, if someone had invested this Rs 1 lakh 6 months ago, then this Rs 1 lakh would have become Rs 1.36 lakh, whereas if someone had invested Rs 1 lakh a year ago, he would have been getting Rs 1.47 lakh now.
Now let’s take a slightly longer view. If someone had invested Rs 1 lakh in Atul’s stock 20 years ago today and it had remained invested during this period, that investor would have become a millionaire from a millionaire as his Rs 1 lakh would have grown to Rs 8.18 crore by now.
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