Multibagger Stock: Despite the heat of the Kovid-19 pandemic, the Indian stock market delivered great returns to its shareholders in 2020 and 2021. This could be possible as the secondary market saw a rally of participation while rebounding from its lows. As a result, a good number of stocks entered the list of multibagger stocks in India, which included small-cap, mid-cap, large-cap as well as penny stocks.
The shares of Indus Trade Links are one of them. The stock listed on BSE has gained more than 1750 per cent in the last one year. But, this isn’t a single year when this multibagger penny stock has delivered great returns. It has a history of generating alpha returns. Over the past 5 years, Indus TradeLinks share price has risen from 1.69 132.10 levels, appreciating around 7700 per cent.
Indus Trade Links Share Price History
In the past one month, Indus TradeLinks share price has risen by from 121.50 132.10 each level, registering an increase of about 10 per cent in this period. In the last 6 months, it has increased from 14.87 132.10 levels, an increase of nearly 800 percent over this time. Over the past year, this multibagger penny stock has climbed from 7.11 The level of 132.10, registered an appreciation of about 1750 per cent during this period.
Similarly, there has been a jump in this multibagger stock 1.69 (Closing Price on BSE as on 17th Feb 2017) to 132.10 (Close Price as on 4th March 2022 on BSE), has grown almost 78 times in these 5 years.
impact on investment
Taking cues from Indus TradeLinks share price history if an investor had invested 1 lakh in this multibagger stock a month ago, its would have turned into 1 lakh 1.10 lakh today when it would have been 9 lakh in 6 months. If an investor had invested 1 lakh in this multibagger penny stock a year ago, its would have turned into 1 lakh 18.50 lakhs today.
Similarly, if an investor had invested Was buying a share in this stock about 5 years ago at Rs 1 lakh 1.69 each, then its would have turned into 1 lakh 78 lakh today provided the investor remains invested in Multibagger stock during this period.
The current market cap of the Indus Trade Lynx shares is 6,789 crore and its book value per share is 13.23. The current volume of Multibagger stock is 4,04,464, which is much higher than its 20 days trading volume of 1,85,007.
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