The shares of a small company Raghav Productivity Enhancers have made investors rich in the last 8 years. The shares of Raghav Productivity Enhancers have jumped by more than 5500 percent in this period. Rs 1 lakh invested in the company’s shares 8 years ago has now become more than Rs 57 lakh. Many bigwigs including Rekha Jhunjhunwala and Ashish Kacholia have bet on the company. The company has also distributed bonus shares to its shareholders twice in the last 8 years.
Made more than 57 lakh rupees from 1 lakh rupees
Shares of Raghav Productivity Enhancers were at Rs 21.25 on 26 August 2016. The company’s shares have reached Rs 1229.95 on 2 September 2024. Shares of Raghav Productivity Enhancers have gained more than 5500 percent in the last 8 years. If a person had invested Rs 1 lakh in the company’s shares on 26 August 2016 and maintained his investment, then the value of shares purchased with Rs 1 lakh would have been Rs 57.88 lakh at present. We have not included bonus shares and dividends given by the company in our calculations. The 52-week high level of the company’s shares is Rs 1236. At the same time, the 52-week low level of the company’s shares is Rs 485.
Record date for distribution of shares announced, share price jumped by more than 1000% in 5 years
Many giants have made big bets on the company
Veteran investor Rekha Jhunjhunwala owns 11,43,852 shares of Raghav Productivity Enhancers or 4.98 percent stake in the company. Ashish Kacholia owns 4,63,366 shares of Raghav Productivity or 2.02 percent stake in the company. Veteran investor Mukul Mahavir Agarwal owns 3,56,148 shares of the company.
This small stock has climbed 600%, Vijay Kedia has bought 12000000 shares of it
The company has distributed bonus shares twice
Raghav Productivity Enhancers has distributed bonus shares to its investors twice in the last 8 years. The company has given bonus shares in the ratio of 2:5 in May 2018. That is, the company has given 2 bonus shares for every 5 shares. The company has given bonus shares in the ratio of 1:1 in August 2023. That is, the company has given 1 bonus share for every 1 share.