Multibagger Stock: Gujarat Cotex Ltd stocks rises from Rs 1 lakh to Rs 7.4 lakh in just 6 months

Gujarat Cotex Ltd stocks: When which stock is going to increase or decrease in the stock market, it depends on the position of the company in the market. During Covid-19, many such stocks have come to the fore, which have made investors rich. However, even during 2022, many stocks have shown an uptrend in a weak market. Today we are going to talk about a similar multibagger stock, in which if an investor had invested 6 months ago, he would have got a return of more than 7 times today.

This stock belongs to Gujarat Cotex Ltd, which has given returns of more than 644 percent to the investors. On December 9, 2021, this stock closed at Rs 1.45 on BSE. After this it has jumped continuously and it has reached the level of Rs 10.80. It has shown an increase of 644.83% during this period.

Gujarat Cotex Ltd stocks rises more than 600%

The stock of Gujarat Cotex Limited has been running on upper circuit for six months and has gained 4.96% in one day. At the same time, in the last five days, this stock has reached a level of Rs 8.90 to Rs 10.80 and during this period this stock has given a return of 21.35 percent. At the same time, this stock had gained 22.59 percent during a month. Although this stock had fallen at the level of Rs 6.05 on 17 May 2022, but it has jumped sharply. The stock of Gujarat Cotex Limited has given a return of 459.59% during the YTD period.

One lakh rupees became 7 lakhs
Calculating according to the history of this stock, if someone had invested in this stock 6 months ago, then in today’s time, one lakh rupees would have become an amount of Rs 744,822. If someone had invested Rs 1 lakh in this stock on January 1, 2022, he would have got Rs 559,580.

Gujarat Cotex Limited is a Small Cap company with a market capitalization of Rs 15.38 Crore. Its stock has hit 52 week high, its 52 week low is Rs 1.09.

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