Shares of Cera Sanitaryware made investors millionaires.
In 20 years, this stock gave a return of more than 47,000 percent.
Veteran investor Vijay Kedia also has a stake in Sera’s shares.
New Delhi. In the stock market, you can earn money by buying and selling shares every day, but this competition will not be possible with long term investment. There are many companies in the market that have made their investors millionaires to millionaires in the long term. Today we will talk about one such stock which converted the investment of Rs 1 lakh of its investors into Rs 9 crore.
We are talking about the shares of Cera Sanitaryware. Veteran investor Vijay Kedia also has a stake in this. In 20 years, this stock has reached Rs.10 to Rs.4,275. The stock has given returns of 47,150 per cent to its investors during this period.
Also read- Multibagger Stocks: This stock increased the investment of ₹ 1 lakh by 21,000%, became a millionaire by investing Rs.
share price history
This stock included in Vijay Kedia’s portfolio has increased from Rs 2,735 to Rs 4,725 in the last five years. However, for the last one year, this stock is facing selling pressure. At the same time, it has given a return of 1,475 percent to its investors in 10 years. During this, the share of Sera Sanitaryware has increased from Rs 300 to Rs 4,275. Similarly, 15 years ago, this Sayer was at Rs 70. At the same time, 2 decades ago, the price of this one share was only Rs 10.
how much profit
If an investor had invested Rs 1 lakh in it 1 year ago, then his investment would have become Rs 1.75 lakh today. At the same time, if someone had invested this amount in this stock 10 years ago, then his investment would have become Rs 15.75 lakh. At the same time, 15 years ago, the amount of a person who had invested Rs 1 lakh would have become Rs 1.34 crore. If someone had invested Rs 1 lakh in it 20 years ago at Rs 10 per share and had kept it, the amount would have been Rs 9.44 crore.
How much stake does Vijay Kedia have?
As per the company’s shareholding pattern, veteran investor Vijay Kedia holds 1.02 per cent stake in the company. Let us tell you that earlier this stock was available only on BSE but in 2007 it was also brought on NSE. Its current market cap is Rs 6,144 crore. The stock is currently priced at Rs 4724 on NSE and closed with a gain of half a percent on Friday.
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FIRST PUBLISHED : August 06, 2022, 14:03 IST