Multibagger inventory: Regardless of world economic system reeling below below pandemic strain, Indian inventory market has produced a very good variety of multibagger shares. Rama Metal Tubes shares one of many. This multibagger inventory has ascended from round ₹60 to ₹378 apiece ranges in final two years, delivering round 1135 per cent return to its shareholders who remained invested within the inventory all through this era.
Rama Metal Tubes share worth historical past
In final one month, this multibagger inventory has appreciated from ₹343 t o ₹378 apiece ranges, logging greater than 10 per cent rise on this interval. In final 6 months, Rama Metal Tubes share worth has surged from round ₹228 to ₹378 ranges, clocking greater than 65 per cent rise on this time horizon. In YTD time, Rama Metal Tubes shares have ascended from round ₹356 to ₹378, logging round 6 per cent rise on this interval.
Likewise, in final one yr, this multibagger inventory has appreciated from round ₹94 to ₹378 apiece ranges, surging to the tune of 300 per cent on this interval. Equally, Rama Metal Tubes shares have surged from round ₹30.60 (shut worth on twelfth June 2020) to ₹378 on NSE, going northward by close to 1175 per cent on this time horizon.
Affect on funding
Rama Metal Tubes share worth historical past, if an investor had invested ₹1 lakh on this multibagger inventory one month in the past, its ₹1 lakh would have turned to ₹1.10 lakh to day. If an investor had invested ₹1 lakh on this multibagger inventory 6 months in the past, its ₹1 lakh would have grown to 1.65 lakh right now. If an investor had invested ₹1 lakh on this inventory one yr in the past, its ₹1 lakh would have turned to ₹4 lakh right now.
Equally, if an investor had invested ₹1 lakh on this multibagger inventory two years in the past, its ₹1 lakh would have turned to ₹12.35 lakh right now.
This multibagger inventory ended Thursday commerce session with a market cap of ₹631 crore and commerce quantity of close to 2.79 lakh. Its final 20 days common commerce quantity is 94,369 whereas its e book worth per share is 75.42. Final 52-week excessive of this multibagger inventory is 454.30 whereas its 52-week low is ₹71.55 per share.
Supply: Live Mint