Multibagger Penny Stock: In a strong rebound post-Covid selloff, it rained multibaggers in FY12 as nearly 190 shares have doubled its shareholders’ money in a single fiscal year. This list of multibagger stocks also includes some penny stocks. The shares of Vikas Ecotech belong to the same multibagger penny stocks. This multibagger chemical stock has given returns of around 275 per cent in the last one year while it has given returns of close to 650 per cent in the last two years. from 0.69 5.30 each level.
Vikas Ecotech Share Price History
The stock has remained strong in the last one month and has given returns of around 2 per cent to its investors. In year-over-year (YTD) time, this penny stock has grown from 3 5.30 level, climbed up to 75 per cent in 2022. Over the past 6 months, penny stock has delivered multibagger returns to its shareholders as it rose from 1.86. The level of 5.30 during this period, registered an increase of about 185 percent in this period. Similarly in the last one year multibagger penny stock shot from from 1.41 5.30 per share level, an increase of about 275 percent over the period.
However, in the last two closes, the money has moved up from the stock. 0.69 (Closing on NSE 9th April 2020) to Today logging at the level of 5.30 reached close to 7.5x in the period.
1 lakh turns into 7.5 lakh in two years
Taking cues from Vikas Ecotech’s share price history, if an investor had invested 1 lakh in this multibagger penny stock a month ago, its would have turned into 1 lakh 1.02 lakh today. If the investor had invested 1 lakh in this penny stock at the beginning of the new year 2022, its would have turned into 1 lakh 1.75 lakh today. If an investor had invested 1 lakh in this chemical stock 6 months ago, its would have turned into 1 lakh Today 2.85 lakhs whereas in last one year it would have been 3.75 lakhs today.
Similarly, if an investor had invested 1 lakh was invested in this penny stock two years back and in scrip during this period, its would have turned into 1 lakh 7.5 lakhs today.
Currently the market capitalization of the shares of Vikas Ecotech is close to 500 crore and its book value per share is 2.45. Its current trading volume is 2,16,86,068, which is almost double its 20 day average volume of 1,01,52,967. Its 52 week high on NSE 6.90 each while its 52-week low is . Is 1 per share.
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