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This stock made its investors rich! 10.40 crore received on investment of Rs 1 lakh

Rajesh Exports Shares: Every day lakhs of people become millionaires by investing in the stock market. Today we are giving you information about a stock which has given strong returns to its investors over a long period. It comes under the category of Multibagger Stock of the market. The name of this stock is Rajesh Exports. This stock has made a strong jump in the year 2022 and since February this year till now it has increased from Rs 450 to 994 level. With this, this stock has made the investment of Rs 1 lakh of investors Rs 10.40 crore in the long term.

Know the complete record of the share
Shares of Rajesh Exports also saw profit-booking after reaching 52nd week high on the National Stock Exchange. On the other hand, if we talk about the record of the last 6 months, then this stock has given a total return of 30 percent to the investors. This stock has made its investors millionaires in 21 years. In 21 years, this stock has increased from Rs 2.10 to Rs 733. In such a situation, this stock has given returns of more than 350 times to investors. In the year 2001, this company was registered in the stock market. After this the company issued its bonus shares in the ratio of 2:1 in the year 2008. In such a situation, those who had bought one share got 3 shares in exchange for it in the year 2008.

Investors got 10.40 crore return
Let us tell you that if you had bought your shares at the time of listing of the company, then you would have got 47,619 shares instead of Rs 1 lakh at the rate of Rs 2.10. After this, after getting 3 times the shares in the year 2008, your total number of shares would have become 1,42,857 shares. If we talk about today’s price, then it is around 733, then investors will get Rs 10.40 crore on selling the total shares. In such a situation, in a period of only 21 years, this multibagger stock converted an investment of Rs 1 lakh into Rs 10.40 crore.

Know about the company-
The shares of Rajesh Exports have been included in the category of multibagger stocks because it has given strong returns to its investors. This company deals in Energy Storage Solutions. The company also deals in things related to refining of gold.

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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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