Multibagger Stock: With NSE Nifty, BSE Sensex, BSE Small-cap and BSE Mid-cap indices trading close to their lifetime highs, a good number of stocks have entered the list of multibagger stocks in 2021. Raj is one of the Share Pharma of Medisafe India. Shares which have given multibagger returns to their shareholders. Small-cap stocks rise ₹11.95 per equity share level to ₹36.95 each in the last six months – is giving more than 200 per cent return to its shareholders.
Raj Medisafe India Share Price History
The multibagger stock was under selling pressure last week following a profit-booking trigger. Small-cap pharma stock closed last week down 7.5 per cent ₹41.85 in the trading session of the last one month. Even after plunging 7.5 per cent last week, the pharma stock has delivered an impressive 30 per cent return to its shareholders in the past one month. In the past one month, this pharma stock went above ₹28.45 per equity share mark to ₹36.95 level. In year to date (YTD) terms, the stock has gained around 270 per cent, while the stock has gained nearly 200 per cent in the last one year.
As of February 2021, this pharma stock was a penny stock as quoted below ₹10 each. However, it started skyrocketing after the second wave of Covid-19 in the stock market rally.
impact on investment
Taking cues from the share price history of Raj Medisafe India if an investor had invested ₹1 lakh was invested in this small-cap pharma counter a month ago and till date, its ₹would have been 1 lakh ₹Today 1.30 lakhs. If an investor has invested in this counter at the close price of 31st December 2020, then its ₹would have been 1 lakh ₹3.70 lakhs today.
Similarly, if an investor had invested in this small-cap pharma stock six months back, its ₹would have turned into 1 lakh ₹3.09 lakh as the stock has given returns of around 209 per cent in this period.
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