Stock Market: There is a decline in the stock market for the last few months. Due to the sound of economic recession and the return of Covid, many stocks of the stock market have fallen sharply. However, during the year 2022, there were many such stocks which gave good returns to the investors. Today, information is being given about such a stock (Multibagger Stock), which has made investors rich during the last one year. This stock turned an investment of Rs 1 lakh into Rs 22 lakh.
This stock has given returns more than the expectations of the investors. These are shares of Hemang Resources. Share price of Hemang Resources Limited was trading at Rs.3 in January, but during YTD this share has reached Rs.66. It has given a return of 2000 per cent to the investors during this period. On Monday, a fall of 4.97 has been registered in this stock, which closed at Rs 63.05 per share.
Hemang Resources share history
Hemang Resources Limited was earlier known as Bhatia Industries & Infrastructure Limited. Its shares have given 20 percent return in the last one month and in six months, this stock has given 30 percent return. This multibagger stock has given returns of up to 2000 percent during the YTD time i.e. from January till now.
Got 22 lakhs in YTD time itself!
If an investor had taken this stock in January, then according to the share price history, it would have turned into Rs 1 lakh 1.20 lakh in a month. Whereas six months ago, if he had invested Rs 1 lakh in this stock, he would have got Rs 1.30 lakh in today’s time. At the same time, by investing in this stock in January, investors would have got around Rs 22 lakh. This company had done bonus shares during July 2011 to give benefits to the investors.
Disclaimer: (The information provided here is for information only. It is important to mention here that investing in the market is subject to market risks. Always take expert advice before investing money as an investor. Marketgayni.com is never advised to invest money here.)