Multibagger inventory: Regardless of world economic system reeling below the warmth of pandemic and slowdown issues, Indian inventory market has produced a superb variety of multibagger shares in recent times. Deepak Nitrite shares are one such inventory. The multibagger chemical inventory has been below sell-off warmth in final one 12 months however regardless of such consolidation, Deepak Nitrite shares have delivered stellar return to its positional buyers.
In final 10 years, Deepak Nitrite share worth has ascended from ₹16.95 to ₹2,030 apiece on NSE, delivering 11,875 per cent return to its positional buyers who remained invested within the scrip all through this era.
Deepak Nitrite share worth historical past
As talked about above, this chemical inventory has been below sell-off warmth by the 12 months, giving zero return in final one 12 months and in 2022. In YTD time, this multibagger inventory has shed over 20 per cent whereas in final one 12 months it has dipped round 5 per cent. Nevertheless, in final 5 years, Deepak Nitrite share worth has risen from round ₹145 to ₹2,030 apiece ranges, delivering 1,280 per cent return to its shareholders. Equally, in final 10 years, this multibagger chemical inventory has ascended 119 occasions.
Impression on funding
Taking cue from Deepak Nitrite share worth historical past, if an investor had invested ₹1 lakh on this chemical inventory at first of the 12 months 2022, its ₹1 lakh would have turned to ₹80,000 whereas it could have turned to ₹95,000 in final one 12 months. Nevertheless, if an investor had invested ₹1 lakh on this multibagger inventory 5 years in the past, its ₹1 lakh would have turned to ₹13.80 lakh. Equally, of an investor had invested ₹1 lakh on this inventory round 10 years in the past, its ₹1 lakh would have turned to ₹1.19 crore as we speak.
Present market capital of this multibagger chemical inventory is ₹27,985 crore and is commerce quantity in early morning offers on Friday is round 4.88 lakh. Its 52-week excessive is ₹3,020 whereas its 52-week low is ₹1,681.15 apiece. Its ebook worth per share is 244.77.
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Supply: Live Mint