Multibagger Stock: For stock market investors, there is no short cut to getting rich except by adopting a ‘buy, hold and forget’ strategy. Market magnate Warren Buffett once said that if an investor cannot hold a stock for 10 years, he should not even think of holding a stock for 10 minutes. Therefore, it is time for positional investors to understand that the money is not in buying and selling stocks but in holdings.
The shares of Balaji Amines are a living example of this. This Multibagger Chemical Has Grown From Stock 28.42 (Closing Price on NSE as on 5th April 2007) from 3672.95 (closing price on NSE as on 10 January 2022), appreciating around 12,800 per cent in these 15 years.
Balaji Amines Share Price History
In the past one month, this multibagger stock has jumped from almost from 3220 3673, registering a growth of about 14 per cent in this period. In the last 6 months, the share price of Balaji Amines has jumped from approx. from 2900 3673, appreciating around 27 per cent in this period. Over the past year, the price of this chemical stock has risen from approx. from 1163 3673, about 215 percent recorded in this time horizon. Similarly, over the past 5 years, this Multibagger stock has grown closely from 345 3673 each level, a jump of about 970 percent in this time.
Similarly, over the past 15 years, it has grown from multibagger stock. 28.42 to 3673 each level, logging close to 1.29 times in this period.
impact on investment
Taking cues from Balaji Amine’s share price history if an investor had invested 1 lakh in this multibagger stock a month ago, its would have turned into 1 lakh 1.14 lakh today. If an investor had invested 1 lakh in this multibagger chemical stock 6 months ago, its would have turned into 1 lakh 1.27 lakh whereas in the last one year it would have been 3.15 lakh today.
Similarly, if an investor had invested 1 lakh in this multibagger stock 5 years ago and till date was invested in it, its Must have tuned in 1 lakh 10.70 lakhs today.
Similarly, if an investor had invested Bought a stock in this multibagger stock about 15 years ago for 1 lakh 28.42 levels, its would have been around 1 lakh 1.29 crore today provided the investor remains invested in this stock throughout this period.
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