Multibagger inventory: Shares of EKI Power Companies have been supplied at ₹102 apiece by way of its IPO (Preliminary Public Supply) in March 2021. EKI Power shares acquired listed at ₹140 per share on BSE on seventh April 2021, delivering round 37 per cent itemizing achieve to the allottees. After robust itemizing, EKI Power share worth closed at ₹147 apiece on the BSE SME change. EKI Power share worth at present is ₹7200 per share, which implies the inventory has surged from its subject worth of ₹102 to ₹7200 in close to one 12 months of its itemizing, giving round 6900 per cent return to its shareholders.
EKI Power share worth historical past
As talked about above EKI Power share worth was listed on BSE SME change on seventh April 2022 at whopping 37 per cent premium. After that the inventory has been repeatedly surging and it is without doubt one of the multibagger shares produced by Indian inventory market in 2021. After hovering to life-time excessive of ₹12,599.95 in January 2022, the BSE SME inventory is underneath consolidation and has remained bears’ favorite ‘promote on rise’ inventory until date. In final one month, this multibagger inventory has trimmed over 6 per cent whereas in YTD time, it has tumbled over 30 per cent. In final 6 months, this inventory has surged from round ₹5450 to ₹7200 apiece ranges, ascending to the tune of 32 per cent. Equally, since its IPO launch, this multibagger BSE inventory has appreciated from ₹102 to ₹7200 ranges, logging round 6900 per cent rise on this close to one 12 months time.
Influence on traders
Taking cue from EKI Power share worth historical past, if an investor had invested ₹1 lakh on this inventory one month in the past, its ₹1 lakh would have turned to ₹94,000 at present whereas in YTD time, this ₹1 lakh would have turned to ₹70,000 at present. If an investor had invested ₹1 lakh on this multibagger inventory 6 months in the past, its ₹1 lakh would have turned to ₹1.32 lakh at present. Equally, if an allottee had remained invested with EKI Power shares price ₹1 lakh after itemizing, its ₹1 lakh would have turned to ₹70 lakh at present.
EKI Power IPO lot worth was ₹1,22,400. If an allottee had remained invested within the inventory after robust itemizing, its ₹1,22,400 would have turned to ₹86.40 lakh at present [( ₹7200/102) X ₹1,22,400].
Supply: Live Mint