Multibagger Chemical Shares: If you also want to invest in the stock market, then this news can prove to be of your use. In today’s time, the Indian chemical industry remains very strong. There is a very positive environment regarding the brokerage house chemical sector. Let us tell you that some stocks in the chemicals sector have given returns of up to 800 times to the investors in the long term. These stocks of Rs 1 to Rs 20 are giving better returns than expected today.
Considering the stable crude oil prices in the last 2-3 years, Indian chemical companies have been re-rated. A positive environment is being seen for the long term in this sector.
First of all, if we talk about the share of Aarti Industries, then it has given almost 800 times return. On January 1, 1999, the share price was close to Rs. Whereas in the business of today i.e. 28 September 2022, it has reached Rs 800. In this sense, investors got 79900 percent or 800 times return in this.
The share of chemical company Atul Limited has also made investors millionaires. The share price was Rs 22 on 1 January 1999, which has increased to Rs 8940 today i.e. on 28 September 2022. That is, investors have got about 40500 percent return in this stock.
Sudarshan Chemical Industries
The stock of Sudarshan Chemical Industry has proved to be a multibagger. This share was on 17 May 2006 at a price of Rs 21. Whereas today i.e. on 28th September it increased to Rs 420. In this sense, it has given a return of about 21 times or 1910 percent.
Disclaimer: (The information provided here is for informational purposes only. It is important to mention here that investing in the market is subject to market risks. Always consult an expert before investing money as an investor. Anyone from ABPLive.com Also investing money is never advised here.)
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