Raj Rayon Industries share: The stock market gives good returns to the investors only when the money is invested in the right shares. There have been many such multibagger stocks in 2020 which have given great returns to the investors. At the same time, even during 2022, many stocks have given great returns to the investors. If you also invest money in the stock market, then we are going to give information about such a multibagger stock for you, which has given better returns to the investors in no time.
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The stock of Raj Rayon Industries was at the level of only 22 paise a year ago, but after a year its stock has shown a boom and has now reached the level of Rs 11.86. Its stock has given returns of over 5,290 percent during this period. Shares of the company closed at Rs 11.86, up almost 5% on the BSE on Friday.
Raj Rayon Industries share jumps 5000% in 1 year
This stock had reached a price of 22 paise per share a year ago i.e. on 24 May 2021. Whereas on Friday, the price of these shares has reached the level of Rs 11.86. At the same time, in 2022, this stock has given a return of more than 778 percent on a year-to-date basis.
At the same time, the price of this share at the beginning of this year was at the level of Rs 1.35. At the same time, the shares of Raj Rayon Industries have increased from Rs 4.77 to Rs 11.86 in the last one month. Where this stock has given a return of 150 percent in 1 month.
How much profit
People who have invested in the shares of Raj Rayon Industries have got returns of more than 5000 percent during a year. That is, if someone had bought shares of one lakh rupees 1 year ago, then his shares would have been converted into 53.90 lakh rupees at today’s time. At the same time, if someone had invested Rs 1 lakh in it earlier this year also, then the value of those shares would have become Rs 8.78 lakh now. Whereas a month ago, people investing in this stock would have got Rs 2.48 lakh.