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Multibagger stock: ₹1 lakh becomes ₹12 lakh in this SME stock in 4 months

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multibagger stock
  • Multibagger stocks 2021: The SME share yesterday hit 5 percent upper circuit while within the last 5 trade sessions, it scaled from ₹1501.80 per stock mark to ₹1738.40 — yielding 15.75 percent to its shareholders

Multibagger stocks 2021: In the midst of little cap file scaling to its lifetime high, a decent number of little cap stocks have gone into the first-class rundown of offers that have conveyed too many holders. In any case, for the shock to the market spectators, the year 2021 has had the option to observe BSE SME recorded stocks that have conveyed more than 100% re-visitation of its investors. EKI Energy Administrations shares are one such BSE SME trade recorded stock that got recorded on seventh April 2021 and in this little time of close to 4 months, it has conveyed more than 1082% re-visitation of its steadfast investors.

EKI Energy Administrations share value history says that the SME stock got recorded at the SME trade on seventh April 2021 and shut at ₹147 on its posting date. What’s more, in this time of 4 months, the stock has flooded up to ₹1738.40 per share levels (close cost on Tuesday for example third August 2021) — logging around 1082.59 percent ascend in this period. The SME share yesterday hit 5% upper circuit while in the last 5 exchange meetings, it scaled from ₹1501.80 per stock imprint to ₹1738.40 — yielding 15.75 percent to its investors. Notwithstanding, over the most recent one-month time frame, EKI Energy Administrations share cost has bounced from ₹722.65 per stock level to ₹1738.40 mark — logging around 140% ascent in this period.

Impact on investment

Following EKI Energy Administrations share value history, if a financial backer had contributed ₹1 lakh on the posting date of the stock and had remained put resources into it all through the most recent 4 months time frame, its ₹1 lakh would have become ₹11.82 lakh. In any case, on the off chance that a financial backer had put resources into the counter one month prior, its ₹1 lakh would have become ₹2.40 lakh — multi-bagger return in one month. Notwithstanding, in the event that a financial backer had contributed ₹1 lakh 5 days prior, its ₹1 lakh would have become ₹1.1575 lakh in this period.

Return to lucky IPO bidders

In any case, if a fortunate EKI Energy Administrations Initial public offering bidder had kept the stock in its portfolio till date, it’s ₹1,22,400 (speculation needed to apply for EKI Energy Administrations Initial public offering) would have become ₹20.86 lakh [ ₹1,22,400 x ( ₹1738.40/102)] as issue cost of the Initial public offering was fixed at ₹100 to ₹102 per value share.

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