Multibagger Stock: 49 thousand rupees became 1 crore! Do you have a millionaire stock in your portfolio? – Multibagger Stock Mphasis Share turn 49000 to 1 crore in 22 years check latest price update
Multibagger Stock: In the stock market, this company has given strong returns to investors in long-term investments.
New Delhi : in the stock market (Share Market) A session of ups and downs begins. A stock maximizes regardless of market direction. Investors become wealthy. Even a small investment sometimes pays big returns. For long term investors (Long Term Investment) It comes with a suffix. One such IT company has done the maximum. The company has given strong returns to long-term investors. This company has made investors millionaires. With a stake in Emphasis, an IT services company (Emphasis Share) In 22 years the fortunes of investors opened up.
Shares of IT services firm Emphasis made investors millionaires. If an investor had invested 50 thousand in this company 22 years ago and kept it like that, it would have been a fortune. In these 22 years, IT stocks registered a whopping 20411 percent growth. The stock has seen a decline in the past one year.
Let’s know the current price of this share. The stock rose 2.5 percent in the stock market on Tuesday. The stock closed at Rs 2110.55 on Tuesday. On Wednesday, this share reached the maximum even though there was a falling session in the stock market.
Earlier, 22 years ago, the share price was only Rs 10. After that, the company expanded. The price of this share increased in the stock market. At every stage the share was moving forward. In these 22 years, the stock is now in and out of Rs 2110.55.
On October 19, 2001, the share price was only Rs 10.29. It has now increased by 20411 percent. If an investor had invested 49 thousand in this share at that time, it would have been worth nearly one crore rupees today. This share has given multiple returns.
The stock hit an all-time high last year. This share had reached Rs 3466.40 in the month of March last year. So the 52-week low performance of this stock is Rs.1897. After that, the stock picked up again. The price of this share was Rs 2110.55 on Tuesday.
This is not investment advice of any kind. Here is the performance information of the share. Investors should do their due diligence and seek expert advice before investing.