Share Market: There are many stocks in the stock market that have made investors rich in a short period of time. This includes not only big companies, but also many ‘penny stocks’.
The shares of Swadeshi Industries and Leasing Limited in Maharashtra have done such a tremendous feat. This share, which was available at a price of just 29 paise just 5 years ago, has now become a ‘money printing machine’ for investors. Those who invested just Rs 1 lakh in this stock have now become millionaires!
Gave 35000% return in 5 years!
Swadeshi Industries and Leasing Limited is a small-cap company. This company is involved in the business of textiles, copper, food products and PVC bottles, and also provides leasing services. In just five years, this ‘Swadeshi share’ has given its investors a multibagger return of 34,358.62%. During this period, the share price has increased from 29 paise to Rs 99.93 with the upper circuit in yesterday’s trading session, which is the highest level of this share till date.
1 lakh invested becomes a crorepati
If an investor had bought shares of Swadeshi Industries worth Rs 1 lakh at a price of 29 paise on November 6, 2020 and held them till now, today their amount would have increased to a whopping Rs 34,458,000 (Rs 3 crore 44 lakh 58 thousand)! That is, the portfolio of a person who invested just Rs 1 lakh has now become crores of rupees.
Continuous upper circuit
If we look at the recent performance of this share that has made investors millionaires, it has been taking the upper circuit for 5 consecutive days. Not only in 5 years, but this multibagger stockist has given a whopping 3500% return in the last 1 year as well, while the amount of investors who have invested in it has increased by more than 9 times in six months. Despite having a market capitalization of just Rs 108 crore, this ‘small’ stock has changed the fortunes of investors. However, penny stocks always carry a lot of risk, so it is important to consult an expert before making any investment.
(Note – This is general information. This is not investment advice. Investment in the stock market is subject to risk. It is necessary to consult an expert or expert in this field before making any kind of investment.)
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