stock market today Retail investors shy away from investing in penny stocks because they feel it is too risky to invest in stocks that are highly volatile at short triggers. However, for those who have high risk appetite, these penny stocks give multibagger returns to their shareholders in a very short span of time. If we look at the list of multibagger stocks in 2021, then a good number of penny stocks entered the list of multibagger stocks in India. However, the investor needs to remember that if a business has maintained a positive outlook and its balance sheet is in a good shape such as debt-free, then high-risk investors can invest in penny stocks and invest in any bullish stock. growth can be expected. money in a short time. Shares of RTCL are a vivid example of this as this stock has given returns of about 135 per cent to its shareholders in about two weeks.
RTCL Share Price History
According to the share price history of this multibagger penny stock for 2022, it was closed at 8.51 each level on BSE as on 27th December 2021 while it is available at 19.90 per share today. So, in about two weeks’ time, this penny stock has risen nearly 135 percent, becoming a multibagger stock in 2022. The stock has been hitting the 10 per cent upper circuit for the past four straight sessions and has given a distribution of around 90 per cent. Returned to its shareholders in the last 5 seasons. In the last one month, it has increased from from 8 19.90 per share level, registering a growth of nearly 150 percent over the period.
impact on investment
If an investor had invested 1 lakh in this penny stock a week ago, its would have turned into a million 1.90 lakh today when it would have been 2.35 lakh in two weeks. Similarly, if an investor had invested 1 lakh in this penny stock a month ago, and till today was invested in it, its would have turned into 1 lakh 2.50 lakh today
Disclaimer: The views and recommendations given above are those of individual analysts or broking companies and not of Mint.
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