Multibagger Stock: Are there any stocks in your portfolio that have made Rs 1 lakh to Rs 1 crore? There is a high chance that you must have missed such multibagger stocks. Today we are telling about one such amazing stock which made its investors rich in 10 years. This share is Vaibhav Global. The investors who kept patience in this stock got bumper returns. This is a gems and jewelery company.
10 years ago, on 16 September 2011, the price of shares of Vaibhav Global on NSE was Rs 7.13, which reached Rs 718 on 17 September 2021. That is, the return of shares of Vaibhav Global has been 100 times in these 10 years.
In the last 6 months, there has been a lot of selling pressure on the shares of Vaibhav Global. From March 2021 to the first week of May, shares of Vaibhav Global continued to rise. During this, the company’s shares had reached Rs 996.70. However, after this there was a lot of profit booking and it came down.
Despite this sell-off, the shares of Vaibhav Global have risen from Rs 510.42 to Rs 718 so far this year. Accordingly, the company’s shares have given a return of 40 percent. If we look at the trend of the last one year, the shares of Vaibhav Global have increased from Rs 375.77 to Rs 718.
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Accordingly, these stocks have given a return of 91 per cent. Similarly, in the last 5 years, the shares of Vaibhav Global increased from Rs 62.29 to Rs 718. That is, a strong return of 1050% has been given during this period.
If we look at the record of the last 10 years, the shares of Vaibhav Global increased from Rs 7.13 to Rs 718 on 17 September 2021.
How much was the investment amount?
If we look at the share price history of Vaibhav Global, if an investor had invested Rs 1 lakh in it on December 31, 2020, then today his amount would have become Rs 1.40 lakh.
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Similarly, if someone had invested Rs 1 lakh in its shares 5 years ago, it would have been Rs 11.50 lakh today. Similarly, if 10 years ago someone had invested Rs 1 lakh in this stock, then today he would have an amount of Rs 1 crore.