Multibagger Chemicals stock hits life-time high after rallying 1150% in 2 years

Multibagger stock has increased from around 14 (early April 2020) to Today 176 at each level, in a little more than 2 years, provides a return of approximately 1150 percent to its shareholders. However, in recent years, the stock has also given stellar returns to its positional shareholders.

Indo Amine Share Price History

This multibagger stock has seen a close jump in the last one month from 97 At the 176 level, the period saw a rise of almost 70 percent. In the last six months, Multibagger Chemical Stock shot all around from 90 176, an increase of about 85 percent over this time horizon. From April to June 2022 quarter, thi9s Multibagger Chemicals stock was under consolidation phase and dipped from approx. from 110 75 each level.

Similarly, this chemical stock was in base building mode from mid-January to the end of February 2022. Hence, positional investors are booking profits over the counter after every sharp rise in the short term. Despite regular profit-booking by the shareholders, the stock has managed to deliver more than 60 per cent returns to its shareholders in the last one year.

Over the past three years, this Multibagger Chemicals stock has grown from approx. 31 to 176, distributed about 475 percent in these three years. Similarly, over the past 10 years, this multibagger stock has grown from approx. from 4.75 176 each level, with a 3600 percent increase in this time horizon.

As mentioned above, this Multibagger stock hit its new 52-week high today 176 on BSE while its 52-week low on BSE 70.25 each level. The current market cap of the stock is 1113 crores and the current trading volume on BSE is around 9.54 lakhs, which is close to the last 20 days trading volume of 3.81 lakhs. Its current dividend yield is 0.38 per cent and its book value per share currently stands at 26.55.

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