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This share turned 1 lakh of investors into 21 lakh

by Aaryan Srivastav
September 28, 2024
This share turned 1 lakh of investors into 21 lakh


This share turned 1 lakh of investors into 21 lakh
Rapid returns filled pockets with notes

Jindal Stainless
Multibagger Stock Jindal Stainless has given returns of more than 2,057% to its investors in just 5 years.

share price
On Friday, September 27, Jindal Stainless shares fell and closed at Rs 778. At the time of trading yesterday this share had reached Rs 797.

share price
On September 26, 2019, one share of Jindal Stainless Limited was worth only Rs 38, which had risen to Rs 797 on Friday. These metal stocks have made investors rich.

1 lakh became 21 lakh
If someone had invested Rs 1 lakh in this stock 5 years ago in 2019, then as of today this amount would have increased to Rs 21,57,000.

fast pace
This stock was quite slow from 2019 to 2021. There was a slight rise in it in 2022 and the price reached Rs 125 on 30 September 2022. It gained momentum from the beginning of 2023, which has not stopped

market capitalization
The 52 week high of Jindal Stainless stock is Rs 848. Within a year this share has increased by 70%. With this, the market capitalization of the company has also increased to Rs 65,170 crore.

Price Target
ICICI Securities has advised to buy Jindal Stainless shares. The target price of this share can reach the level of Rs 955. Brokerage Prabhudas Leeladhar has given a target of Rs 836.

what does the company do
Jindal Stainless Limited is a leading stainless steel producing company. This company has a strong hold in the international market also. Manufactures products like sponge iron, mild steel slab, ferro chrome

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