Monday, December 4, 2023

    Multibagger stock: This stock has made money by storm, making Rs 1.86 crore in 21 years to 1 lakh


    Marico Limited has a market capitalization of around Tk 67.73 thousand crores.
    The company has major brands in the hair care, skin care, edible oils, health foods, men’s grooming and fabric care segments.
    Shares of Marico Ltd have risen nearly 450 percent in the last 10 years.

    New Delhi. Patience is bitter but its fruit is sweet. A stock market investor needs to be very patient to make money. Investors who believe in long-term investments usually make huge profits from the market. There are many stocks in the stock market which have given multibagger returns over long periods. Marico Limited shares are among such stocks that provide huge profits.

    Money control According to a report, Marico Limited is considered among the large-cap companies today. Its market capitalization is around Rs 67.73 thousand crores. Marico Limited is a leading company in the FMCG sector. The company’s major brands in hair care, skin care, edible oil, health foods, male grooming and fabric care segments are Parachute, Nihar Naturals, Hair & Care, Livon, Saffola, Set Wet, Beardo, Revive etc.

    Also Read- Hybrid Mutual Funds: 3 Funds Made Investors Rich in 15 Years, Returns Undiminished Despite Market Volatility

    Huge profit given in long term
    Shares of Marico Ltd rose 0.94% to close at Rs 524.60 on the National Stock Exchange (NSE) on Monday, August 8. Shares of Marico rose about 3.34 percent in one month. It has grown by just 0.77 percent in a year. It has returned 63.96% in last 5 years. Shares of Marico Ltd have risen nearly 450 percent in the last 10 years. In July 2001, the share price of Marico Ltd was Rs 2.81 on the NSE. Today its price has increased to Rs 524.60. Thus, Marico Limited has given a multibagger return of 18,569.04 percent to its investors in the last nearly 21 years.

    Also Read- Chafarfad Returns: Knowing the returns of these stocks, you too will say – Alas! I used to invest money in these too

    1,86,69,040 became one lakh
    If an investor had invested Rs 1 lakh in shares of Marico Limited a month ago and maintained his investment, his rupee would have appreciated to Rs 1,03,400 today. If an investor had invested Rs 1 lakh in shares of Marico Limited a year ago, he would have got Rs 1,00,770 today.

    Similarly, if an investor invested Rs 1 lakh 5 years ago, today his Rs 1 lakh has grown to Rs 1,63,960. 10 years ago, if an investor invested Rs 1 lakh and bought shares in this company, today his money would have grown to Rs 5,50,000. However, if an investor had bought a share of Marico Ltd for Rs 1 lakh in July 2001, his investment would have grown by 18,569.04% to Rs 1,86,69,040 today.

    Tags: Business News, Money Making Tips, Multibagger stock, capital market

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