Multibagger Stock: After the Covid-19 pandemic, many such stocks have arisen, which have made investors rich. Although investing in it is risky, but if invested by understanding the future condition of the stock, then profit can be given. Here we are giving information about one such stock, which has given huge returns to the investors in a short span of time.
Shares of Rajneesh Wellness Ltd. have jumped from Rs 5 to Rs 185 per share. It has given returns of more than 3200 per cent to its investors in just one year. If you understand from calculus, it has converted Rs 1 lakh into Rs 33 lakh during this period.
When did the stock rise
This multibagger stock has been falling continuously after the stock reached a high of Rs 203 on BSE. In the past one month, this multibagger penny stock has fallen close to 2 per cent, while in YTD time, the BSE listed stock has risen from Rs 20.45 to Rs 185, giving nearly 800 per cent returns this year.
At the same time, the share price of Rajneesh Wellness Ltd. has increased from about Rs 46 to Rs 185 in the last 6 months, during which it has given almost 300 percent returns. Similarly, in the last one month, this Multibagger Penny Stock has risen from Rs.5.56 to Rs.185 levels, registering a growth of over 3200 per cent in this period.
According to the share price history of Rajneesh Wellness Ltd., if an investor had invested Rs 1 lakh in this stock a month back, his Rs 1 lakh would have become Rs 98,000, while in YTD time it would have been Rs 9 lakh. If the investor had invested Rs 1 lakh in this multibagger penny stock 6 months back, his 1 lakh would have become Rs 4 lakh today. Similarly, if an investor had invested Rs 1 lakh in this penny stock a year ago, his Rs 1 lakh would have become Rs 33 lakh today.
what is its market cap
The current market cap of Multibagger Stock is INR 193 Crores and its trading volume is approximately INR 61,500. Rajneesh Wellness Ltd. share price has a 52-week high of Rs 203 and a 52-week low of Rs 4.44 on BSE. The book value per share of this multibagger stock is 20.66.