Multibagger Stock: Driven by the rally of all sectors except auto, the BSE Sensex climbed to a peak of 60,000 on 24 September 2021. It took almost 8 months for Sensex to rise 10,000 points as it hit ₹50,000 marks as on January 21, 2021. However, in these 8 months, a total of 42 stocks have become multibagger stocks. But, there are some other stocks as well, which have given less than 100 per cent returns in 2021, but in the long term, these stocks have given great returns to their shareholders. Astral Shares is one of them.
Astral rose by share price ₹23.82 per share level to ₹Every 2063 in the last 10 years today (12:32 pm on NSE) – is giving approximately 8560 percent returns in this period.
Astral Share Price History
As per share price history of this Multibagger stock, it has risen from 1982.05 per share level. ₹In the last one month, the level of 2063 – a growth of about 4 percent has been registered in this period. Over the past six months, Astral share price . has grown from ₹1591.65 per stock level to ₹2063 – Nearly 30 percent growth recorded in the last 6 months. Similarly, over the past year, Astral share price has risen from ₹from 850.95 ₹2063 per share mark – a 140 percent increase over this time horizon. In the last 5 years, it went above the multibagger stock ₹from 263.73 ₹2063 each – Filing 680 percent returns in this time-frame.
Similarly, this Multibagger stock rose from the level of 23.82 per share to . It is done ₹2063 per equity mark – growing about 86.4 times in this period.
impact on investment
Taking cues from Astral share price history, if an investor had invested ₹1 lakh in this stock a month ago, its ₹would have turned into 1 lakh ₹1.04 lakh. If the investor had invested ₹1 lakh in this multibagger stock 6 months ago, its ₹would have been 1 lakh ₹Today 1.30 lakhs. Similarly, if the investor had invested ₹1 lakh in this stock a year ago, its ₹would have turned into 1 lakh ₹2.40 lakhs today. However, if an investor had invested ₹1 lakh in this counter 5 years ago, and was invested in this stock during this period, its ₹would have turned into 1 lakh ₹7.80 lakhs today.
Similarly, if an investor had invested ₹1 lakh in this multibagger stock 10 years ago ₹23.82 each and till date was invested in the counter, its ₹would have turned into 1 lakh ₹86.40 lakhs today.
Astral Share Price Outlook
Speaking on the outlook for this multibagger stock; Sumeet Bagdia, Executive Director, Choice Broking said, “Astral shares are looking positive on the charts and may move higher. ₹2250 top ₹2300 in the short run. One can buy this stock while maintaining the stop loss ₹1950 per share level.’
Disclaimer: The views and recommendations given above are those of individual analysts or broking companies and not of Mint.
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