Multibagger Stock: In the market rebound after the second wave of Covid-19 pandemic, the Indian stock market has given great returns to its investors. In the last six months, many stocks have entered the list of multibagger stocks in 22021. This includes shares of Raghuveer Synthetics. There has been a boom in textile stocks from 20 600.40 per share level in the last six months, appreciating almost 30 times in this short period.
Raghuveer Synth Share Price History
This multibagger stock has gained momentum in the last one week from 494 600 levels, registering an increase of about 21.5 percent in a week. In the last one week’s trade, the textile stock has hit an upper circuit of 5 per cent in all the five trading sessions. In the past one month, the share price of Raghuveer Synthetics has risen from from 216 600 level, an increase of about 175 percent over this period. Similarly in a span of exactly six months, this multibagger stock has risen from close from 20 levels 600 levels, registering an increase of about 2900 per cent during this period.
impact on investment
Taking cues from the share price history of Raghuveer Synthetics, if an investor had invested 1 lakh in this counter a week ago, then Must have tuned in 1 lakh 1.21 lakh today. Similarly, if an investor had invested 1 lakh in this multibagger textile stock a month ago, its would have turned into 1 lakh 2.75 lakh today. However, if an investor had invested 1 lakh in this multibagger stock six months back and was invested in this counter during this period, its would have turned into 1 lakh 30 lakh today
Alpha Return to Shareholders
In the same period, the major benchmark index Nifty 50 has given a return of around 11 per cent while the BSE Sensex has given a return of around 12 per cent. So, this multibagger textile stock is one of the alpha stocks in 2021 as it has given much higher returns to its shareholders as compared to BSE Sensex and NSE Nifty.
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