Multibagger fintech stock rises to 5x issue price in two years

Multibagger Stock: In the post-Covid rebound, the Indian stock market not only produced a good number of multibagger stocks, but also made a good number of multibagger IPOs (Initial Public Offerings). Angel One IPO is one of them. The public issue of this fintech company was launched in September 2020 at the price band of from 305 306 per equity share. Angel One share price is up around today 1460 means that the fintech stock has increased by about 5x from its issue price in about two years of listing.

Angel One Share Price History

angel one share There was a discounted listing on BSE and NSE on 5 October 2020. Multibagger Fintech Stock . open on 275 on BSE and NSE, down nearly 10 per cent from its upper price band 306 per share. Multibagger listing date went further down and lower 256 more on BSE 257 on NSE. However, it recovered from its lows and ended at 275.85 on BSE and at 275.80 on NSE.

In the past month, this multibagger fintech stock has boomed from 1335 1460, registering an increase of about 10 percent in this period. In YTD time, Angel One’s share price has appreciated all around from 1215 1460 levels, an increase of about 20 percent in 2022. Over the past six months, it has climbed above the multibagger stock. from 1125 1460 levels, seeing a 30 percent increase over this time horizon.

Similarly, since the listing of Angel One shares, multibagger fintech stocks have surged. 257 levels (listing price) to 1460, registering an increase of 470 percent in almost two years.

multibagger stock turns from 1 lakh 5.70 lakh in two years

Taking cues from Angel One’s share price history, if an investor had invested 1 lakh in this fintech stock a month ago, its would have turned into 1 lakh 1.10 lakh today. Similarly, if an investor had invested 1 lakh in this multibagger fintech stock at the beginning of the new year 2022, its would have turned into 1 lakh 1.20 lakhs in YTD time. If an investor had invested 1 lakh in this fintech stock 6 months ago, its Must have tuned in 1 lakh Today 1.30 lakhs.

Similarly, if an investor had invested 1 lakh in this multibagger stock as on the date of listing, its would have turned into 1 lakh 5.70 lakhs today.

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