Domestic stock markets are under pressure and volatility continues. Some stocks are giving strong returns even in this fall. One such stock is of Balrampur Chini Mills. The BSE index Sensex has lost more than 3600 points so far this year. On the other hand, shares of Balrampur Chini Mills have given more than 30% returns so far this year. The company’s shares have performed well in the past few years. The money invested in the shares of Balrampur Chini Mills has more than 5 times in the last 2 years.
More than 5 times money in less than 2 years
The shares of Balrampur Chini Mills Limited stood at Rs 90 on the Bombay Stock Exchange (BSE) on 27 March 2020. Shares of Sugar Company closed at Rs 487.25 on BSE on March 11, 2022. The money invested in the shares of the company has grown more than 5 times in less than 2 years. If a person had invested Rs 1,00,000 in the shares of the company on 27 March 2020, then at present this money would have been Rs 5.41 lakh. The 52-week high of the company’s shares is Rs 491.
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Money more than doubled in 1 year
The shares of Balrampur Chini Mills Limited were at a level of Rs 202.30 on the Bombay Stock Exchange (BSE) on 19 March 2021. The company’s shares closed at Rs 487.25 on BSE on March 11, 2022. The money invested in the company’s shares has more than doubled in the past one year. If a person had invested Rs 1 lakh in the shares of the company a year ago, then at present this money would have been Rs 2.40 lakh. The 52-week low of the company’s shares is Rs 190.05.
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Returns given in excess of 2,200 per cent
If we talk about the long-term returns, then the shares of the company have given more than 2200 percent returns in less than 20 years. The shares of Balrampur Chini Mills stood at Rs 21.59 on the Bombay Stock Exchange on 28 November 2003. The company’s shares closed at Rs 487.25 on March 11, 2022. If a person had invested Rs 1 lakh in the shares of the company on November 28, 2003 and had maintained his investment, then at present this money would have been close to Rs 22.56 lakh.