Multibagger Stock: Shares of KPI Green Energy, a company involved in solar power business, have given multibagger returns in the last 5 years. Shares of KPI Green Energy have jumped more than 9600 percent in 5 years. The company’s shares have increased from Rs 9 to Rs 870 during this period. Shares of KPI Green Energy have increased an investment of Rs 1 lakh to more than Rs 2 crore in the last 5 years. The company’s shares have shown this feat on the strength of bonus shares. KPI Green Energy has given bonus shares to its shareholders twice in a row.
1 lakh rupees turned into 2.9 crore rupees
Shares of KPI Green Energy were at Rs 8.96 on 4 September 2019. The company’s shares closed at Rs 871.85 on 6 September 2024. If a person had invested Rs 1 lakh in KPI Green Energy shares on 4 September 2019, he would have got 11,160 shares of the company. KPI Green Energy has given bonus shares in the ratio of 1:1 in January 2023 and in the ratio of 1:2 in February 2024. If these bonus shares are added, the total number of shares increases to 33,480. The current value of these shares is Rs 2.91 crore. The company has also distributed its shares (stock split) in July 2024. We have not included stock split and dividend given by the company in our calculation.
The company’s shares have climbed 473% in 2 years
Shares of KPI Green Energy have climbed 473 percent in the last 2 years. The shares of the solar power company were at Rs 151.97 on 9 September 2022. The company’s shares closed at Rs 871.85 on 6 September 2024. In the last one year, the shares of KPI Green Energy have seen a jump of 210 percent. The company’s shares were at Rs 281.07 on 7 September 2023, which closed at Rs 871.85 on 6 September 2024. The 52-week high level of the company’s shares is Rs 1116. At the same time, the 52-week low level of KPI Green Energy shares is Rs 255.46.
