Eicher Motors stocks: There are many such stocks made in the stock market, which have given great returns to the investors. Many stocks have rocketed rapidly during and after Covid. Investor experts believe that if a stock is jumping and its position is good in the market, then it should be kept in the stock market for a long time, so that investors can get big profits. However, investing in the shares of any company should be planned carefully.
Here today we are going to give information about one such long-term stock, which has given huge returns to investors in a few years, this stock belongs to Eicher Motors. This auto stock, which was once a penny stock, has now touched Rs 3,145 and over the past 20 years, it has risen from around Rs 7.50 to Rs 3,145 per share level, giving nearly 420 times returns to its long-term shareholders. Is. It is one of those multibagger stocks, which have boomed in the Indian stock market post-Covid without any trouble.
This auto stock has jumped very quickly in YTD timing, delivering returns of more than 15 percent to its shareholders. It is one of the multibagger stocks in India in 2021 as it rose from Rs 1270 to Rs 2500 level in the first 9 months of FY21. In the last six months, this auto stock has risen from around Rs 2,600 to Rs 3,145 per share, a jump of nearly 21 per cent in the period. In the last 10 years, the auto stock has grown from around Rs 206 to Rs 3,145, giving a return of 1,425 per cent to its shareholders.
In the last 20 years, the stock has risen from the level of Rs 7.50 to Rs 3,145 on NSE. During this period it has given returns of about 41,900 percent to its shareholders. However, in this period, we are not including the dividends declared by the company in different financial years.
Talking about the share price history of Eicher Motors, if an investor had invested Rs 1 lakh in this stock six months ago, then his Rs 1 lakh would have become Rs 1.21 lakh today. On the other hand, if an investor had invested Rs 1 lakh in this auto stock 10 years ago, then his Rs 1 lakh would have become Rs 15.25 lakh today. Similarly, if an investor had invested Rs 1 lakh in this stock 20 years ago, then Rs 1 lakh in today’s time would have become Rs 4.20 crore today.