Rs.7.5 To Rs.3145: Multibagger Stock Turns Rs.1 Lakh To Rs.4.20 Crore In 20 Year
Saturday, 13 August 2022, 17:43 IST
Investing in stocks is like investing in business. According to successful market investors, if someone is convinced about the business model of the company and sustained business growth of the sector it belongs, one should try and hold a company's stock as long as one can because money is not in buying and selling of stocks. Real money is in holding the stock as long as one can. A glaring example of how stock market pays to its long term investors is Eicher Motors shares. This auto stock, which was once a penny stock is now available at Rs.3,145 a piece and in last 20 years, it has risen from around Rs.7.50 to Rs.3,145 per share levels, delivering around 420 times growth to its long term shareholders. It is one of the multibagger stocks that Indian stock market has produced in post-COVID rally.
Eicher Motors share price history. This auto stock has given sharp upside moves in YTD time, delivering more than 15 percent return to its shareholders. It is one of the multibagger stocks in 2021 in India as it surged from Rs.1270 to Rs.2500 levels in first nine months of FY21. In last six months, this auto stock has risen from around Rs.2600 to Rs.3,145 a piece levels, logging near 21 percent jump in this period. In last 10 years, this auto stock has risen from around Rs.206 to Rs.3,145 apiece levels, logging to the tune of 1,425 percent return to its shareholders. In last 20 years, it has risen from Rs.7.50 apiece levels on NSE to Rs.3,145 per share levels, delivering around 41,900 percent return to its shareholders. In this period, we are not including the dividend that company has announced in various financial years.
Taking cue from Eicher Motors share price history, if an investor had invested Rs.1 lakh in this stock, six months ago, its Rs.1 lakh would have turned to R. 1.21 lakh today. If an investor had invested Rs.1 lakh in this auto stock 10 years ago, its Rs.1 lakh would have turned to Rs.15.25 lakh today. Likewise, if an investor had invested Rs.1 lakh in this stock 20 years ago buying one stock paying Rs.7.50 apiece, one's Rs.1 lakh would have turned to Rs.4.20 crore today.
In last 10 years, this auto stock has risen from around Rs.206 to Rs.3,145 apiece levels, logging to the tune of 1,425 percent return to its shareholders
Eicher Motors share price history. This auto stock has given sharp upside moves in YTD time, delivering more than 15 percent return to its shareholders. It is one of the multibagger stocks in 2021 in India as it surged from Rs.1270 to Rs.2500 levels in first nine months of FY21. In last six months, this auto stock has risen from around Rs.2600 to Rs.3,145 a piece levels, logging near 21 percent jump in this period. In last 10 years, this auto stock has risen from around Rs.206 to Rs.3,145 apiece levels, logging to the tune of 1,425 percent return to its shareholders. In last 20 years, it has risen from Rs.7.50 apiece levels on NSE to Rs.3,145 per share levels, delivering around 41,900 percent return to its shareholders. In this period, we are not including the dividend that company has announced in various financial years.
Taking cue from Eicher Motors share price history, if an investor had invested Rs.1 lakh in this stock, six months ago, its Rs.1 lakh would have turned to R. 1.21 lakh today. If an investor had invested Rs.1 lakh in this auto stock 10 years ago, its Rs.1 lakh would have turned to Rs.15.25 lakh today. Likewise, if an investor had invested Rs.1 lakh in this stock 20 years ago buying one stock paying Rs.7.50 apiece, one's Rs.1 lakh would have turned to Rs.4.20 crore today.
.jpg "Galaxy Solar Energy: Taking Renewable Energy Sector To A New Level")
