Multibagger Penny Stock: If you are looking for penny stocks (which are low in price) then today we are telling you about a great stock (Penny stock). The stock has made rich by giving returns of more than 3,952 per cent to its investors in a year. At the same time, this stock has stunned its investors by giving a stock return of 590.37 percent in just 39 trading days. The name of this share is- Raj Rayon Industries Ltd. The company’s shares rose nearly 5 per cent to Rs 9.32 on Friday.
Raj Ryan Industries Share Price History
The shares of Raj Rayon Industries were at a level of just Rs 1.35 on 16 March 2022. The company’s shares have reached the level of Rs 9.32 per share on May 13. That is, in just 39 trading sessions, this stock has given a strong return of more than 590%. At the same time, this share increased from Rs 3.59 to Rs 8.88 in a month. The stock has given a return of 136.55% in the last one month. The stock has gained 21.35% in the last five trading sessions.
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Rs 6.90 lakh benefit to investors
According to the share price history of Raj Ryan Industries, if an investor had invested Rs 1 lakh in this stock 39 days ago, he would have made a profit of Rs 6.90 lakh today. That is, the investment of one lakh rupees became 2.59 lakh rupees in a month. The stock has given a return of 3,952.17 in the last one year. A year ago, the share price was just 23 paise. That is, in the last one year, this stock has made an investment of Rs 1 lakh to Rs 40 lakh.
