₹17 to ₹2030: Multibagger stock from ₹1 lakh to ₹1.19 crore in 10 years

In the last 10 years, Deepak Nitrite share price climbed from from 16.95 2,030 each on the NSE provides 11,875 per cent return to its positional investors, who remained invested in the shares during the period.

Deepak Nitrite Share Price History

As mentioned above, this chemical stock has been in a sell-off heat through the year, delivering zero returns over the past year and into 2022. In YTD time, this multibagger stock has fallen more than 20 percent while it has declined over the past year. about 5 percent. However, in the last 5 years, the share price of Deepak Nitrite has risen from approx. from 145 2,030 at each level, provides a return of 1,280 percent to its shareholders. Similarly, this multibagger chemical stock has risen 119 times in the last 10 years.

impact on investment

Taking cues from Deepak Nitrite share price history, if an investor had invested 1 lakh in this chemical stock at the beginning of the year 2022, its would have turned into 1 lakh 80,000 while it would have changed 95,000 in the last one year. However, if an investor had invested 1 lakh in this multibagger stock 5 years ago, its would have turned into 1 lakh 13.80 lakhs. Similarly, an investor had invested 1 lakh in this stock about 10 years ago, its would have turned into 1 lakh 1.19 crore today.

The current market cap of this Multibagger Chemicals stock is 27,985 crores and the business volume is around 4.88 lakhs in Friday’s morning deals. It has a 52 week high 3,020 while its 52-week low of . Is 1,681.15 each. Its book value per share is 244.77.

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