Investors in the stock market are advised by experts to stay invested for a long time for high returns. At the same time, it is also said that they often choose only strong stocks, so that there is a possibility of increasing the share price if it decreases. A strong stock can give good returns to the investors over a long period of time. Today we are going to talk about one such stock, which has given a return of 6000 percent to the investors on 10 years of investment.
Astral share price After entering the new year 2022, the stock became a ‘Sell on Rise’ stock. But for long-term investors, the stock has given stellar returns to its shareholders despite a steep fall in the past one year. Astral share price has increased from Rs 25.75 to Rs 1632.60 on NSE in 10 years. A growth of over 6,000 percent has been registered during this period.
astral share history
Astral Shares has been in base building mode for the past one year. At the same time, during a month, the price of its shares has come from Rs 1712 to Rs 1632. There has been a decline of 5 percent during this period. At the same time, during the YTD time, the price of this share has come down from the level of Rs 2332 to the level of 1632, a decline of 30 percent in this period. Apart from this, in the last 6 months, this stock has fallen from Rs 2265 to Rs 1632, which is a decline of 28 percent during this period. However, it has registered a decline of 16 percent in one year.
On the other hand, if we talk about the shareholders invested for five years, then its share price has reached the level of Rs 1632 from the level of Rs 415. It has given a return of 290 percent during this period. Similarly, this stock has given a return of 6,000 per cent in 10 years.
Rs 1 lakh became 63 lakh
If someone had invested Rs 1 lakh in this stock 10 years ago, then his Rs 1 lakh would have turned into Rs 63 lakh today. However, if he had invested Rs 1 lakh a year ago, his Rs 1 lakh would have fallen by 16 percent.
About Astral Share
The market cap of Astral Share is Rs 32,837 crore. At the same time, its trade value is around 3 lakhs, which is more than 20 days average trade value of 2.95 lakhs. Astral shares are at 52-week high NSE at Rs 2524.95. Whereas the 52-week low price is at Rs 1601.55.