The ups and downs in the stock market continue. Sometimes bullish and sometimes bearish is the cycle of the stock market which continues year after year. In such a situation, only those investors earn bumper returns from the stock market, who stay for a long time by investing in good companies with patience. Such companies not only give a good return to the investors but also go by giving benefit of crores on few lakhs only. Today we are talking about one such company which has given bumper returns to the investors during the last few years. One such company is Balkrishna Industries Limited, which has given returns of 16,320 per cent to investors during the last 13 years.
Share Price History: There has been a decline in the stock market during the last 6 months. If we talk about the last 6 months, then the share price of Balkrishna Industries has fallen from 2327 to around ₹ 2000, during which investors have lost about 14% in the stock. While talking about the performance of this stock in the last 1 year, the company’s stock has climbed from Rs 1640 per share to close at Rs 2000 per share. The stock gained about 22 per cent during this period. While talking about the last 5 years, this stock has proved to be a multibagger for the investors, meanwhile the share price has increased from Rs 700 to Rs 2000 per share. In this way the stock has given a return of 185 per cent to the investors.
Talking about the performance of the stock in the last 10 years, the share price has increased from Rs 125 to Rs 2000 per share. During this period, the stock has given a bumper return of 1500 per cent to the investors. While talking about the performance of the stock for the last 13 years, this stock has increased from Rs 12.18 to Rs 2000 per share. During this, this multibagger share gave a bumper return of 164 times to the investors.
Calculations on Investments: If an investor had invested Rs 1 lakh in this stock 6 months ago, then today his investment of one lakh would have become 80 thousand rupees. If an investor had invested Rs 1 lakh in this stock 1 year ago, his investment would have been Rs 1.22. Apart from this, if an investor had invested Rs 1 lakh in this stock 5 years ago, then his investment would have been Rs 2.85 lakh. If an investor had invested Rs 1 lakh in this stock 10 years ago, then his investment would have been Rs 16 lakh. Apart from this, if an investor had invested one lakh in this stock 13 years ago at the price of Rs 12.18, then his amount would have been Rs. 1.64 crore would have been done.
Company Profile: Balkrishna Industries Limited is an Indian multinational tire manufacturing company based in Mumbai. Balkrishna Industries manufactures off-highway tires used in sectors such as mining, earthmoving, agriculture and horticulture at five factories located in Aurangabad, Bhiwadi, Chopanki, Dombivali and Bhuj. The company sells tires in 160 countries on 5 continents of the world.