Multibagger Stock: Due to the strong rebound post-Covid-19 selloff, the Indian stock market delivered a good number of multibagger stocks in 2021. This list of multibagger stocks includes stocks from all segments as the market rally was participatory. The year 2021 is also remarkable for small and penny stocks as this market rally proved that investing in penny stocks can yield extra ordinary returns provided the fundamentals of the company are strong. Shares of Lloyds Steels Industries is one such stock which is one of the multibagger penny stocks in 2021. This metal stock has gained momentum. 0.50 (Closing Price on NSE as on 10 Jan 2020) to 24.95 per share level (closing price on NSE on 7 January 2022), registering a growth of nearly 4900 per cent in these two years.
Lloyds Steels Industries share price history
This multibagger penny stock has rallied in the past week from 20.65 24.95, recording a return of about 21 per cent to its shareholders. In the past month, penny stocks have given around 130 percent return to their shareholders after appreciation from 10.80 to 24.95 level. In the last 6 months, the share price of Lloyds Steels Industries has increased from 3.45 24.95 each level, appreciated by about 625 percent over the period. Similarly, this multibagger penny stock has bounced in the last one year. 1.00 per share level to 24.95 per stock mark, registering a growth of around 2400 per cent in the period.
Similarly, over the past two years, multibagger penny stocks have risen. from 0.50 24.95, appreciating around 4900 per cent in this period.
impact on investment
Taking cues from Lloyds Steels Industries’ share price history, if an investor had invested 1 lakh in this multibagger penny stock a week ago at the beginning of the new year 2022, its would have turned into 1 lakh 1.21 lakh today. If an investor had invested 1 lakh in this penny stock a month ago, its would have turned into 1 lakh 2.30 lakhs today while it will be 7.25 lakh in 6 months. Similarly, if an investor had invested 1 lakh in this stock a year ago and till date was invested in it, its would have turned into 1 lakh 25 lakh today
Similarly, if an investor had invested 1 million in this multibagger penny stock were buying a stock two years ago 0.50 each level, its would have been around 1 lakh 50 lakhs today, provided the investor has been invested in this stock during this period of 2 years.
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