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Best Multibagger Stock News: This stock gave huge returns, earned 8 lakhs by playing 10 thousand bets, know the details – Bollywood Keeda

Best Multibagger Stock News: Investing in the stock market may be considered risky, but there are some shares which can change the fortunes of investors. There are many examples of this, many of which have made their investors rich in the long run, while many have given multibagger returns in a very short period of time. These profitable stocks also include the stock of Bharat Rasayan, a chemical company, which has converted its investment of Rs 10,000 into Rs 8 lakh in 10 years.

Gave 8000% return!

Bharat Rasayan is a small cap company in the chemical sector and in the last 10 years its share price has increased from Rs 112 to Rs 9000. This stock has given strong returns of about 8000 percent to its investors during this period. Seen this way, if an investor had invested only Rs 10,000 in the company’s shares 10 years ago and had kept it with him till now, then by now that investment would have increased to around Rs 8 lakh.

Travel from Rs 112 to Rs 9000

If we look at the performance of the shares of Bharat Rasayan Limited Company in the last 10 years, on November 14, 2013, the price of one share of the company was only Rs 112.10. Next year, by 21 November 2014, its price jumped sharply and reached Rs 872.35. Then next year on 13 November 2015, its price reached Rs 983.45. And for the next five years this stock ran at the speed of a rocket.

The market closed with a decline on Monday

This chemical stock, which gives multibagger returns to investors, is currently witnessing a decline, but it has proved beneficial in the long run. On Monday, November 13, it closed at Rs 9,011 with a slight decline of 0.26 percent. The highest level of 52 weeks share of this company is Rs 10,827.70. Whereas the 52 week low level of the share is Rs 8,280.

This is the market cap of the company

On Monday, the shares of the company opened at Rs 9,120 at 9.15 am and during the day’s trading they reached a high of Rs 9,184.65, while also touched a low of Rs 8,911.65. Bharat Rasayan Company has a market capitalization of Rs 3,740 crore and works on research and development related to chemicals.

(Note- Before making any investment in the stock market, please consult an expert.)

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