Multibagger Education stock has given 270 per cent return this year. do you have

Multibagger Stock: While positional stock market investors are busy finding multibagger stocks for 2022, some small-cap stocks have given multibagger returns to their shareholders in 2022. Shares of Shanti Educational Initiatives Limited are one of such multibagger stocks. It is also one of the multibagger stocks in 2021. This small-cap stock in the educational sector has risen from around from 95 267.15 level, which has appreciated by about 270 per cent in year-to-date (YTD) time.

Shanti Educational Initiatives Ltd Share Price History

Multibagger stock has hit an upper circuit of 5 per cent in all the 5 trade sessions last week. This multibagger stock has jumped in the last one month from 127.35 367.15, an increase of about 190 percent in just one month’s time. This multibagger stock . was closed on 95.20 on 31st December 2021 & Available today 367.15, logging close to 270 percent in YTD time. Similarly, in the last 6 months, this small-cap stock in the education sector has seen a close rally. from 121 The level of 367 has reached close to 200 per cent, while it has registered a growth of 170 per cent in the last one year.

impact on investment

Taking cues from this multibagger share price history, if an investor had invested 1 lakh in this stock a month ago, its would have turned into 1 lakh 2.90 lakhs today while it would have been 3 lakh in the last 6 months. If an investor had invested Buy one share in this stock at the end of 2021 95.20 level, its would have turned into 1 lakh Today 3.70 lakhs.

More about this small-cap stock

The market capitalization of this Small-cap Multibagger Education stock is 591 crores. BSE-listed education stock is currently trading at its lifetime high against 52-week low 83.05 Each level. Its current trading volume is 354, which is significantly below its 20 day average of 2,228. At present, the book value of this education stock is around 35 per share.

In YTD timing, Sensex and Nifty have remained almost stable while the BSE small-cap index is down close to 2 per cent.

Disclaimer: The views and recommendations given above are those of individual analysts or broking companies and not of Mint.

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