Multibagger Stock of 2022: Following the trading pattern of Capital Goods Index in recent sessions, Kirloskar Electric Company Limited shares have been skyrocketing in recent sessions. Capital Goods stock has hit the upper circuit over the past 5 sessions, delivering returns of nearly 45 per cent to its shareholders. The small-cap stock is also climbing to its 52-week high for the past 4 sessions. So, one of the stock potentials is Multibagger Stock for 2022,
Kirloskar Electric Share Price History
In the last 5 days, capital goods stock have rallied around from 27.50 39.70 each level, registering an increase of about 45 per cent over the period. In the past one month, this small-cap stock has gained almost Rs. 25.60 to 39.70 levels, up 55 percent. The small-cap multibagger stock has given 45 per cent returns to its shareholders in the last 6 months. In year-to-date (YTD) time, it has outperformed small-cap stocks. 23 to 39.70 per share level, registering a growth of about 72 per cent in 2022. Similarly, in the past one year, this small-cap stock has given a multibagger 110 per cent return. 149 to 39.70 each level.
impact on investment
Taking cues from the history of this multibagger stock, if an investor had invested 1 lakh in this small-cap capital goods stock a week ago, its would have turned into 1 lakh 1.45 lakh today. If the investor had invested 1 lakh in this multibagger stock a month ago, its would have been 1 lakh 1.55 lakh today. In the last 6 months, the investment of There would have been 1 lakh in this stock 1.45 lakhs. Similarly, in YTD time, One shareholder would have got 1 lakh 1.72 lakh today.
Similarly, if an investor had invested 1 lakh in this small-cap multibagger stock about a year ago, its would have turned into 1 lakh 2.10 lakh today, provided the shareholder remains invested in the stock during this period.
Multibagger is at 52-week high of the stock as mentioned above 39.70 while its 52-week low is . Is 16. Its current market cap is 263 crores and it ended Thursday with a trading volume of 88,827 which is much lower than its average volume of 4.36 lakhs in the last 20 sessions. The book value of the share is 11.45 per share.
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