Multibagger stock: Investors can also become millionaires in the long term from the stock market. The stock we are talking about today has made its investors millionaires by giving sloppy returns in 10 years. This stock belongs to GRM Overseas. This stock has given returns of more than 3085% to its investors in the last ten years. During this period, this stock has increased from Rs 1.77 to Rs 547.90.
GRM Overseas Share Price History
The shares of GRM Overseas were at a level of Rs 1.77 on BSE on 13 April 2012. Which has now increased to Rs 547.90 on Friday, 29 April 2022. During this period, this stock has given a return of 30854.8% to its investors. At the same time, it has given a return of 8,114.39% to its investors in the last five years. In the last five years, this stock has increased from Rs 6 (closing price on BSE 5 May 2017) to Rs 547.90. The shares of this GRM Overseas have given a return of 274.61% in the last one year.
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A year ago, on May 3, 2021, these shares were at the level of Rs 146.26 per share. In the last six months, these shares have increased from Rs 222.99 to Rs 547.90. It has given a return of 145.71% in this period. However, the stock has given zero returns so far this year.
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Rs 3 crore benefit to investors
According to the share price history pattern of GRM Overseas, if an investor had invested Rs 1 lakh in this stock ten years ago at the level of Rs 1.77, then today this amount would have increased to more than Rs 3 crore. At the same time, an investment of Rs 1 lakh in five years would have been Rs 91.31 lakh. According to last year’s share price, an investment of Rs 1 lakh would have been Rs 3.74 lakh. At the same time, in six this investment would have become Rs 2.45 lakh.