Multibagger stock: Indian stock market has given around 90 multibagger stocks in Q4FY22. At the same time, in FY22, more than 190 shares have appeared in the list of Multibagger stock. However, some quality stocks remain money-makers for their shareholders over the long term. Shares of Adani Transmission are one of them.
In the past one year, the Adani Transmission share price has risen by about 175 per cent. Whereas in the last 6 years it has increased from about Rs 35 to Rs 2701. That is, during this time this stock has given a return of about 7700 percent to its investors.
Adani Transmission Share Price History
In the last one month, the share of Adani Transmission has increased from 2305 to 2701. During this period, this stock has seen an increase of about 17 percent. Whereas in YTD time, it has increased from ₹1730 to ₹2701 per share level. That is, an increase of about 56 percent has been registered during this period. This Adani Group stock has climbed from ₹1748 to ₹2701 in the last 6 months. The stock has registered a growth of about 54 percent in this period. This multibagger stock has increased from ₹990 to ₹2701 in the last one year. That is, an increase of about 175 percent has been seen in this stock in a year.
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Whereas in the last 5 years this stock has increased from ₹ 85 to ₹ 2701. An increase of 3075 percent has been seen in this period. Similarly, in the last 6 years this multibagger Adani stock has increased from ₹ 34.70 (Closing price on 13 Apr 2016 on NSE) to ₹ 2701 (Closing price on 13 Apr 2022 on NSE) in last 6 years. It has increased by about 78 times during this period.
₹1 lakh becomes ₹78 lakh
According to Adani Transmission share price history, if an investor had invested ₹1 lakh in this Adani group stock a month ago, his ₹1 lakh would have become ₹1.17 lakh today. Whereas this YTD would have been ₹1.56 lakh in time. If an investor had invested ₹1 lakh in this multibagger stock 6 months ago, his ₹1 lakh would have become ₹1.54 lakh today. However, if an investor had invested ₹1 lakh in this Adani stock a year ago, his ₹1 lakh would have become ₹2.75 lakh today.
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Similarly, if an investor had invested ₹1 lakh in this stock 5 years ago and had kept investing in the stock during this period, he would have gone straight to ₹31.75 lakh by ₹1 lakh today. On the other hand, if an investor had invested ₹ 1 lakh in this multibagger stock 6 years ago, then bought a stock at ₹ 34.70 level, then his ₹ 1 lakh would have become ₹ 78 lakh today.