₹22 to ₹367: Multibagger stock goes up from ₹1 lakh to ₹16.7 lakh this year

Multibagger Stock: Despite being under pressure from the global economy for the last one and a half years, the Indian stock market has managed to touch new heights. During this period, many stocks have made it to the list of multibagger stocks. Jindal Poly Investment & Finance is one of the multibagger stocks in the Indian stock market. It is one of the multibagger stocks in 2021 which has risen from approx. 22 to 367 year-on-year, registering a growth of nearly 15,600 percent this year.

Jindal Poly Investment & Finance Share Price History

This multibagger stock has gained momentum in the last one month from 289 367, registering a growth of about 19 per cent in this period. Over the past 6 months, this multibagger penny stock has rallied from 37.20 367 level, appreciating around 825 per cent. Similarly, year-on-year i.e. in 2021, the price of this multibagger share has increased by approx. 22 to 367, yielding 15,600 percent to its shareholders.

impact on investment

Taking cues from the share price history of this multibagger stock, if an investor had invested 1 lakh in this stock a month ago, its would have turned into 1 lakh 1.19 lakh today. If an investor had invested 1 Lakh was invested in this Multibagger Penny Stock over the counter 6 months ago and till date, its would have turned into 1 lakh 9.25 lakh today.

Similarly, if an investor had invested Buying a share in this multibagger stock at Rs 1 lakh in early 2021 22, its 1 lakh today would have been closer to 16.7 lakh.

Comparison with Major Benchmark Indices

Year-on-year, NSE Nifty has given 23.60 per cent return while BSE Sensex has given around 21.50 per cent return in 2021. Hence, Jindal Poly Investment & Finance is one of the alpha stocks in 2021 as it has outperformed the major benchmarks, returning by a huge margin.

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