If someone had invested Rs 50,000 in 36 paise stock a year ago, the amount would be Rs 1.11 crore today
Nowadays the craze of share market is increasing among the youth. The stock market may be a risky investment, but at the same time it gives tremendous profits. Penny stocks carry the highest risk, but if you find a stock with strong fundamentals, investors can get rich in an instant. We are going to tell you about one such stock which made its investors millionaires in just one year. The name of the stock with the highest return is Kaiser Corporation Limited. It is one of the promising multibagger stocks of FY2022-23. Shares of Kaiser Corporation Limited have given returns of over 22,219 per cent in just one year. Even after giving a return of over 2,651 per cent so far this year, the stock is still showing its strength.
Kaiser Corporation Limited shares have an amazing history. The stock stood at 35 paise on BSE as on May 5, 2021, while at present the BSE closing price of April 13, 2022 is Rs 80.35. During this period, it has given a tremendous return of 22,219.44 percent. Talking about which, in the last six months, the stock went above 44 paise (the closing price of BSE on October 18, 2021) and reached Rs 80.35. Meanwhile, the stock gave a return of 18,161.36%.
The stock has given a return of 2,651.71% so far this year. In the last one month also, the stock has done well by crossing 33.70 and has come down to Rs 80.35 as per BSE closing price of March 17, 2022. That is, it has given a return of 138.43 percent in a month. Not only this, if you still want to, you can still bet on it. This is because the stock is up 21.37% in the last five trading sessions.
According to the share price history of Kaiser Corporation Limited, if one had invested Rs 50,000 in 36 paise stock a year ago, the amount would be Rs 1.11 crore today. If someone had invested Rs 50,000 in it 6 months back, the investment would have been Rs 91.30 lakh.
Let us now know about this company. The company was established in September 1993 in Mumbai and on March 15, 1995, the name of the company was changed to Kaiser Press Limited, which was a public limited company. Then on 5 November 2013 the name of the company was changed to ‘Kaiser Corporation Limited’. The company handles labels, stationery, articles, leaflets and cartons. He also deals in engineering equipment, electrical and mechanical heat tracing and turnkey projects.
(The information provided here is for informational purposes only. It is important to mention here that investing in the market is subject to market risks. Always consult an expert before investing money as an investor. Investing money on behalf of loktej.com to anyone That is never advised here.)