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This stock broke all the speed records..! Investment of 1 lakh in 20 years is now in crores

Highlights

The stock price was Rs 2.60 at the time of listing in 2004, now the price has reached 1,048.95.
At the same time, the stock price has increased by 6,016.33 percent in the last 5 years.
In the last one year, this stock has given a bumper return of 1722 percent.

Mumbai. Some stocks in the stock market have given tremendous returns to the investors in the last 10 to 20 years. One of these shares is IKAB Securities and Investments Limited. The shares of this company have converted an investment of 25 thousand into one crore in the last twenty years. In 2004, the share price was Rs 2.60 but today its price has reached above one thousand rupees. Not only this, in the last one year, this stock has given about 18 times returns. The shares of Ikab Securities closed at Rs 1,048.95 on the Bombay Stock Exchange on 19 October.

After listing on BSE on 23 April 2004, the share price of Ikab Securities was just Rs 2.60. In the last 18 years, the price of this share has increased to Rs 40,244.23.

Multibagger Stock- This auto stock has not run, it has blown… made one crore out of 44 thousand in twenty years!

Return of 6,016.33 per cent in 5 years
At the same time, the shares of Ikab Securities have fallen by about 4 percent in the last 1 month. However, the stock has given a return of 182 per cent since the beginning of this year. Whereas in the last 1 year this return was around 1,722.68 percent, which has proved to be a multibagger. At the same time, the stock price has increased by 6,016.33 percent in the last 5 years.

If an investor had invested Rs 1 lakh in the shares of Ikab Securities in 2004 and today its value would have been around Rs 4 crore 3 lakh. At the same time, if the investment amount was Rs 25,000, then its value would have become Rs 1 crore.

18 lakhs made from 1 lakh in a year
Not only this, even a year ago, those investing in this stock would have got a bumper return of 1722 percent and the value of investment of one lakh would have increased to Rs 18 lakh. Whereas investors who invested Rs 1 lakh in this stock 5 years ago would have got Rs 61 lakh today, as it has grown by 6016.33 per cent in five years.

Let us tell you that Mumbai based IKAB Securities and Invest Limited is a Non-Banking Finance Company (NBFC). The company’s market cap is Rs 358.36 crore and this company provides financial services.

(Disclaimer: This information is based on the performance of the stock. Since investment in the market is subject to market risks, always consult an expert before investing.)

Tags: business news, Investment and return, Multibagger stock, stock market

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