Multibagger Stock: Bharat Seats Limited Shares, a company that does business with Maruti Suzuki and manufactures auto parts, has given very good returns to investors. Investing money in the Share Market is considered very risky, but there are some shares in which you get strong returns in the log term by investing. Such shares are called Multibagger Stocks. Today we are going to give you information about Bharat Seats Limited, by investing in which people have become millionaires. This stock has increased investors’ money by 102 times.
Talking about today, this share is Closed at Rs 97.90 with an increase of Rs 3.11%. While talking about the market cap of the share, it has reached Rs 307.41 crore. Come, we are giving you information about the details of this share-
Share gave strong returns to investors in 21 years
Let us tell you that on August 28, 2001, this share was trading at only 93 paise. And on December 27, it has reached Rs 97.90 per share. It has given crores of returns to the investors in 21 years. If a person had invested Rs 1 lakh in this stock in 2001, it would have become Rs 1.02 crore now. While talking about this year, this stock was trading around Rs 63 per share on March 7, 2023. After this it has now increased by about 85 per cent after 9 months and is trading at Rs 97.90. It is worth noting that this share reached the year’s highest level of Rs 115 on December 7, 2022.
Know the details of this company-
According to the information given on the official website of Bharat Seats Limited, Bharat Seats is a joint venture of Maruti Suzuki and Rohit Relan and Associates.
Currently, Bharat Seats Ltd is engaged in the manufacturing of seating systems, carpets, NVH components and body sealing parts for four wheelers and two wheelers. Also seating system for Indian Railways.
The company currently has 5 state-of-the-art manufacturing facilities spread across India. These facilities are equipped with latest manufacturing technologies & the company has set-up in-house NABL accredited testing & validation laboratory. Continuous investment in upgrading engineering facilities including tool room, proto building and quality control systems keeps our company ahead of others.
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