Multibagger Penny Stock: If you are looking for a penny stock below Rs 10, then today we are telling you about such a stock, which has jumped from 25 paise to 2440 percent to 6 rupees 35 paise, that too only. in one year. This stock has made its investors rich throughout the year.
The name of this stock giving sloppy return is- Raj Rayon Industries Ltd. The company’s shares rose 4.96 per cent to Rs 6.35 on Monday.
Raj Rayon Share Price History
The shares of Raj Rayon Industries were at the level of just 25 paise on 17 May 2021. The company’s shares reached the level of Rs 6.35 per share on 16 May. That is, in just 40 trading sessions, this stock has given a strong return of more than 592%. At the same time, this stock increased from Rs 2.90 to Rs 6.35 in a month. The stock has given a return of 118.97% in the last one month. The stock has gained 19.81% in the last five trading sessions.
Investor’s bat
According to the share price history of Raj Rayon Industries, if an investor had invested Rs 1 lakh in this stock 6 months ago, he would have got Rs 4.70 lakh today. In the last one year, this stock has given a return of 2440 percent. A year ago, the share price was only 25 paise. That is, in the last one year, this stock has made an investment of Rs 1 lakh to Rs 25.40 lakh.
what does this company do
Raj Rayon Industries Limited is active in the Textile Sector. It is a Small Cap company incorporated in the year 1993 (having a market cap of Rs 1.39 Crore).
(Disclaimer: The performance information provided here is not just investment advice. Investing in the stock market is subject to risks and please consult your advisor before investing.)