Multibagger Stock: Investing in penny stocks is risky but high-risk traders also invest in such stocks if they are satisfied about the business model and the stability of the company’s business in the medium to long term. High risk investors invest in such stocks as these penny stocks give good returns in the short to medium term. The shares of Mishtan Foods are a prime example of this. This penny stock has delivered an astonishing 650 percent return to its shareholders over the past 4 years.
Mishaan Foods Share Price History
In the past month, this multibagger penny stock has rallied from 8.37 At the level of 11.00, a growth of about 30 per cent was registered during this period. However, the multibagger stock has remained under profit pressure since the beginning of the new year 2022. Over the past six months, this multibagger stock has slipped from 13.85 11.00 level, a decline of about 20 percent in this period. In year-to-date (YTD) timing, this penny stock has given returns of just 1.50 per cent. In last one year, it grew from FMCG penny stock from 10 11, up 10 percent over the period. Over the past two years, this money has grown from stocks. from 9.50 11 Each level gives approximately 15 percent return to its positional investors. In the last 3 years, it has grown from FMCG stock from 3.65 11 at each level, giving approximately 200 percent return to its shareholders. So, it is one of those multibagger stocks that are available in the Indian market. Share Market produced in the last few years.
Similarly, in the last four years, this BSE-listed multibagger stock has risen from approx. from 1.50 11 per share level, registering a growth of nearly 650 percent over the period.
impact on investment
Taking cues from Mision Foods’ stock price history if an investor had invested 1 lakh in this multibagger stock a month ago, its would have turned into 1 lakh Today 1.30 lakhs. If an investor had invested 1 lakh in this multibagger penny stock six months ago, its would have turned into 1 lakh 90,000 As of today the company has announced 1:1 bonus shares, reducing the shareholder’s loss to half the actual price in the counter. Similarly, if an investor had invested 1 lakh in this penny stock at the beginning of 2022, its would have turned into 1 lakh 1.03 lakh today.
If the investor had invested 1 lakh in this counter a year ago, its would have turned into 1 lakh 1.20 lakh today if the investor had invested 1 lakh in this penny stock two years ago, its would have turned into 1 lakh 1.30 lakh today when it would have been six lakh in three years
If an investor had invested 1 lakh in this multibagger penny stock four years ago, its would have turned into 1 lakh Today 14 lakh lakh.
The current trade volume of Multibagger Penny Stock on BSE is around 15.50 lakhs, which is much lower than the last 20 days’ average trade volume of 35.95 lakhs. However, the second half of the session is not over yet and the stock may trade northwards in the next two and a half hours. The market cap of the small-cap FMCG stock is 549 crores. Its 52 week high on BSE 19.55 while its 52-week low is . Is 7.80 per.
In Q1FY23 results, Mision Foods reported a 216 per cent year-on-year jump in its net profit. The FMCG company has registered a growth of 118 per cent in sales in the recently ended June 2022 quarter.
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