Many such stocks in India have made investors rich during the world pandemic. However, there has been a selloff in many stocks after that. At the same time, there is a stock which gave good returns only during the pandemic. This stock has given good returns to the investors in the last two years. This stock belongs to Rama Steel Tubes, which has increased from the level of Rs 60 to Rs 378 level. During this period it has given returns of 1135 per cent to the investors.
Shares of Rama Steel Tubes In the last one month, this multibagger stock has reached a level of Rs 343 to Rs 378. There has been an increase of more than 10 percent in this period. The share price of Rama Steel Tubes has risen from around Rs 228 to Rs 378 levels in the last 6 months, a growth of over 65 per cent over this time horizon. At the same time, the share of Rama Steel Tubes has registered a growth of about 6 percent during the YTD time.
On the other hand, in the last one year, this multibagger stock has increased from about Rs 94 to Rs 378 level, which has increased by 300 percent in this period. Similarly, shares of Rama Steel Tubes have risen from around Rs 30.60 to Rs 378 on NSE, giving a return of around 1175 per cent.
As per Rama Steel Tubes share price history, if an investor had invested Rs 1 lakh in this multibagger stock a month back, it would have become Rs 1 lakh 1.10 lakh. On the other hand, if an investor had invested 1 lakh in this multibagger stock 6 months ago, he would have got Rs 1.65 lakh. On the other hand, if he had invested 1 lakh in this stock a year ago, it would have become Rs 4 lakh.
Similarly, if an investor had invested 1 lakh in this multibagger stock two years ago, then his Rs 1 lakh would have become Rs 12.35 lakh today.
This company has got a market cap of Rs.631 crores and a trade volume of approx. 2.79 lakhs. Its average trade volume for the last 20 days is 94,369, while its book value per share is 75.42. The last 52 week high of this multibagger stock is Rs 454.30 while its 52 week low is Rs 71.55 per share.