The stock has gained 1,425 percent in 10 years and rose from Rs 206 to Rs 3179.90.
Over the past 20 years, this stock has given investors a return of 41,900 percent.
20 years ago, if an investor had invested Rs 1 lakh in this stock, today they have become Rs 4.20 crore.
New Delhi. Eicher Motor Shares is a multibagger stock. This stock has made investors millionaires in 20 years. 20 years ago today this stock was a penny stock and was priced at Rs 7.50. Today ie Thursday, Eicher Motors stock is trading at Rs 3179.90. Thus, this stock has increased 420 times during this period.
With Eicher Motors stock’s multibagger returns, it has once again proved that only patient investors can reap big profits from the stock market. Those who invest for the long term in a company with a strong business model and strong fundamentals, the market does not disappoint and they get sluggish returns.
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Share price history
Eicher Motors Multibagger stock is up 0.79 percent today and is trading at 3179.90. The stock rose 1.22 percent in the last five trading sessions. The stock has jumped 4.37 percent in the past one month. In 2022, this stock has returned around 17 percent to its investors. Similarly, it gave a return of 16.98 percent in one year.
In the last ten years, this stock has gained 1,425 percent and has risen from Rs 206 to Rs 3179.90. In the last 20 years, this stock has given investors a return of 41,900 per cent and has come from Rs 7.50 to Rs 3179.90 on the NSE.
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One lakh rupees became 4.20 crores
If an investor had invested Rs 1 lakh in Eicher Motors stock six months ago and invested till date, he would have got Rs 1.21 lakh today. Similarly, if an investor had invested Rs 1 lakh in this stock ten years ago, he would have got Rs 15.25 lakh today. 20 years ago, if an investor would have invested Rs 1 lakh in this stock and maintained his investment, today that investor has become a millionaire and his Rs 1 lakh has grown to Rs 4.20 crore.
(Disclaimer: The stocks mentioned here are based on the advice of brokerage houses. If you want to invest in any of these, please consult a certified investment advisor first. News18 is not responsible for any profit or loss you may incur. )
Tags: Multibagger Stocks, capital market, Stock tips
First Published: August 11, 2022, 14:31 IST