Multibagger inventory: Within the final two years, a very good variety of shares have given multibagger return to its shareholders. Checklist of multibagger shares in 2021 not simply embody high quality shares from small-cap, mid-cap and large-cap area, it embody scrips from penny shares as effectively. Flomic World Logistics shares are one among such multibagger shares in India that belong to the listing of multibagger penny shares. This inventory has surged from ₹0.35 per share ranges (shut worth on twenty eighth March 2019 on BSE) to ₹143.25 apiece ranges (shut worth on BSE on twelfth November 2021), rising round 409 occasions on this round two yr time.
Flomic World Logistics share worth historical past
As per the share worth historical past of this multibagger penny inventory, Flomic World Logistics share costs have surged from ₹7.62 to ₹143.25 ranges in final six months, rising to the tune of close to 1,780 per cent on this interval. In year-to-date time i.e. in 2021, this penny inventory went northward from ₹1.95 apiece to ₹143.25 ranges, giving close to 7,245 per cent return to its shareholders. In final one yr, Flomic World Logistics share costs have appreciated from ₹1.22 per share ranges to ₹143.25 ranges, logging round 11,640 per cent rise on this interval.
Likewise, the inventory had closed at ₹0.35 ranges on twenty eighth March 2019 on BSE and with the passé of time, it has reached as much as ₹143.25 per share ranges at the moment, registering round 40,830 per cent rise on this interval. On this interval of close to two and half years, this multibagger penny inventory has made its life-time excessive of ₹216.30 as effectively.
Influence on funding
Taking cue from Flomic World Logistics share worth historical past, if an investor had invested ₹1 lakh on this multibagger penny inventory six months in the past, its ₹1 lakh would have turned to ₹18.80 lakh at the moment. If the investor had invested ₹1 lakh on this counter one yr in the past and had remained invested on this counter until date, its ₹1 lakh would have change into ₹1.17 crore.
Likewise, if the investor had invested ₹1 lakh on this counter shopping for this multibagger penny inventory ar ₹0.35 per share ranges, its ₹1 lakh would have turned to ₹4.09 crore at the moment.
Supply: Live Mint