Multibagger Stock: In the market rebound after the second wave of the Covid-19 pandemic, a good number of stocks have entered the list of multibagger stocks in 2021. The rally was participatory in the Indian stock market, which also includes BSE SME stocks. Today, the list of multibagger stocks in India includes EKI Energy Shares – an energy stock which got listed on BSE SME Exchange on 7th April this year. This BSE SME has risen from the listed multibagger stock from 147 7779, in the 9 months since its listing, returned approximately 5200 percent to its shareholders in the period.
EKI Energy Share Price History
In the past one week, Multibagger stock has risen up to 21.50 per cent, hitting the 5 per cent upper circuit in all the 5 trade sessions. BSE SME stocks have jumped in the last one month from 5165 7779 per share level, registering a growth of nearly 50 percent over the period. Similarly, in the last 6 months, Multibagger SME stock has risen from approx. from 660 7779 at each level, returns approximately 1100 percent to its shareholders.
Similarly, since its listing, it has grown from multibagger stock. 147 (Closing Price on 7th April 2021) to 7779 (closing price on December 24, 2021) per share level, appreciating around 53 times. However, from the point of view of allottees, there has been a jump in the stock from 102 7779 levels, rising almost 76 times in this period of about 9 months.
impact on investment
Taking cues from EKI Energy share price history, if an investor had invested 1 lakh in this multibagger stock a week ago, its would have turned into 1 lakh 1.21 lakh today. If an investor had invested 1 lakh in this multibagger SME stock a month ago, its would have turned into 1 lakh Today 1.50 lakhs Similarly, if an investor had invested 1 lakh in this SME stock 6 months ago, its would have turned into 1 lakh 12 lakh today
Similarly, if an investor, who had missed out on getting EKI Energy shares during the allotment, had invested 1 lakh in this stock on buying a stock on its listing date 147 each level, its would have turned into 1 lakh 53 lakh today provided the investor remains invested in this multibagger stock during this period.
However, if we look at the EKI Energy share price history from the perspective of the IPO allottee, the minimum requirement is 1,22,400 ( 102 x 1200) to apply for public issue. Therefore, if a lucky bidder remains invested in the counter till date after allotment of shares, its investment cost will be Rs. 102 per share would have risen to 7779 per share level – a jump of about 76.26 times over the period. Hence, if any allottee remains invested in this multibagger stock till date after allotment of shares, then its would have risen to around 1,22,400 93 lakh today
EKI Energy Listing Details
The IPO of EKI Energy opened in March 2021 with an issue price of from 100 102. One lot out of 1200 Company Shares and EKI Energy Shares listed on BSE SME Exchange 140 per share on 7th April 2021 and closed at 147 levels on the date of its listing. On the date of its listing, the energy stock made its low 140 while it had an intraday high on the date of listing 147 per.
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