New Delhi. Multibagger Stock: The year 2022 has not proved to be good for the stock market investors till now. The BSE Sensex and Nifty 50 indices have fallen nearly 10 per cent so far. The Nifty 500 has lost 12 per cent this year. Global factors have a major hand in bringing down the Indian market. Investors are withdrawing money from the stock market due to the fear of a global recession due to the rising inflation worldwide due to the war between Russia and Ukraine. Even in this period of recession, there are some stocks in the stock market which have given multibagger returns.
The share of GKP Printing & Packaging is also a multibagger share. For the last 3 years, this stock has not allowed its investors to go into losses. In the last one year itself, this stock has given a return of Rs 640 to the investors. On Friday, June 24, the stock of GKP Printing also rose and the stock closed at Rs 185.50 with a gain of 1.45 per cent. Its 52-week high is Rs 193.95, while its 52-week low is Rs 22.75.
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Reached from Rs 25 to Rs 185.50 in a year
Small-cap Multibagger stock GKP Printing & Packaging had a year ago price of Rs.25. The stock jumped 640 per cent in one year and reached Rs 185.50 today. Similarly, in the last six months, this stock has given a profit of 44.53 percent to the investors and it has jumped from Rs 128 to Rs 185.50. In the year 2022, this multibagger stock has jumped 28% so far. Earlier this year its price was Rs 144.50. The stock has gained 28.25 per cent in the last one month. The stock has gained 6.17 per cent in the last five trading sessions.
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Investment increased more than 7 times in a year
In Multibagger stock GKP Printing & Packaging, an investor who had invested Rs 1 lakh a year ago and maintained his investment, is getting Rs 1,28,596 in a month. Similarly, the investor who had invested one lakh rupees in this stock six months ago, this investment of that investor has now taken the form of Rs 1,44,921. If an investor had invested one lakh rupees in the share of GKP Printing a year ago, then today he is getting 742,000 rupees of one lakh rupees.
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FIRST PUBLISHED : June 24, 2022, 16:17 IST