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Home Business

This share reached beyond Rs 2000 from 75 paise, made 27 crores for Rs 1 lakh

by Sarvesh Sinha
19/05/2022
in Business
Reading Time: 1 min read
1
A A
epaper

The shares of a chemical company have given sloppy returns. The shares of this company have given returns of more than 200,000 percent to the people. This company is Vinati Organics. The company’s shares have increased from 75 paise to over Rs 2,000. People who put only 1 lakh rupees in the shares of the company have become millionaires. The 52-week high of Vinati Organics shares is Rs 2,289.55.

Rs 1 lakh became more than Rs 27 crore

The shares of Vinati Organics were at the level of 75 paise on the Bombay Stock Exchange (BSE) on 7 November 2003. The shares of the company have closed at the level of Rs 2046.10 on BSE on 19 May 2022. The company’s shares have given returns of over 200,000 per cent during this period. If a person had invested Rs 1 lakh in the shares of the company on 7th November 2003 and had retained his investment, at present this money would have been Rs 27.28 crore.

Also read- Adani increased interest so this stock became a rocket, the price crossed Rs 400

Shares of the company crossed Rs 50 to Rs 2,000

Vinati Organics shares have given tremendous returns in less than last 9 years. Vinati Organics shares have crossed Rs 50 to Rs 2,000. The company’s shares were at a level of Rs 44.58 on 6 September 2013. The company’s shares closed at Rs 2,046.10 on May 19, 2022. If a person had invested Rs 1 lakh in the shares of the company on September 6, 2013 and had retained his investment, then at present this money would have been Rs 45.89 lakh.

Also read- This cement company going to give 100% dividend, shares climbed more than 14%

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