Multibagger Stock: Patience gives good returns in the stock market. According to the money magnate of the market, if an investor cannot hold a stock for 10 years, he does not have the right to hold that stock for even ten minutes. Kwality Pharma Shares is an example for those who want to know how much an investor pays out from a long-term investment. This pharma stock has given multibagger returns to its shareholders in the last one month and has a record of delivering great returns in the past too. In fact, over the past five years, this pharma stock has grown from ₹21.75 each (Closing Price on BSE 28 Sep 2016) to ₹878.90 per equity level (Closing price on 1 October 2021 on BSE) – registering a growth of nearly 40 times over the period.
Kwality Pharma Share Price History
As per share price history of this Multibagger stock, it has risen above Pharma stock ₹from 419.90 ₹878.90 each in the last one month – an increase of about 110 per cent over the period. This multibagger stock shot from ₹from 54 ₹The level of 878.90 in the last 6 months – a growth of about 1530 percent has been registered in this period. Similarly, the stock of Kwality Pharma has risen in the last one year. ₹from 61 ₹878.90 per share level – rising close to 1340 percent in this time period.
In the last 5 years, the share price of Kwality Pharma has appreciated ₹from 21.75 ₹878.90 per equity share level – registering a growth of about 3940 per cent during this period.
impact on investment
Taking cues from the share price history of Quality Pharma if an investor had invested ₹1 lakh in this multibagger stock a month ago, its ₹would have turned into 1 lakh ₹2.10 lakh today. If an investor had invested ₹1 lakh in this pharma stock 6 months ago and till today I was invested in this counter, its ₹would have turned into 1 lakh ₹16.30 lakhs. Similarly, if an investor had invested ₹1 lakh in this stock a year ago, its ₹would have been 1 lakh ₹14.40 lakhs today.
Similarly, if an investor had invested ₹1 lakh in this stock were buying this multibagger stock 10 years ago ₹21.75 each, its ₹would have turned into 1 lakh ₹40.40 lakhs today provided the investor remains invested in this counter during this period.
So, patience is one of the important qualities of investing in the stock market and Kwality Pharma shares are a prime example of this.
Don’t miss a story! Stay connected and informed with Mint.
download
Our App Now!!
.