Monday, December 11, 2023

    This stock has made investors millionaires, 1 lakh became 7.65 lakh in just 6 months, you have?

    New Delhi. Among the new highs in the Indian index, many BSE SME stocks have given multi-bagger returns to their shareholders. However, these stocks have only been able to provide good returns to those investors who have invested in the stock for a long time. Today we are talking about the renewable energy of BSE listed SME stock Gita, which has given excellent returns to the shareholders. Let us know that Gita Renewable Energy stocks have been under selling pressure for the past one month and have fallen to a stock level of 300 120.15 from a 52-week high of 52,300 per equity share. Nonetheless, this energy reserve is one of the most multibagger stocks of the year.

    The Gita is a history of renewable energy sharing
    Gita Renewable Energy shares have returned 665 per cent to its shareholders in the last six months as the stock has risen from 15.70 to ₹ 120.15 during this period. According to the history of Gita Renewable Energy Shares, the stock has remained the money-making stock throughout the year, as the stock has risen from the level of 5.52 per equity share to stand at. 120.15. During this period an increase of 2000 percent has been registered.

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    If we look at its year date (YTD) return, the stock has given its shareholders a return of about 1600 percent. But, the stock has hit the lower circuit at different times in the last one month as huge profits are being booked over the counter. The stock has fallen close to 50 percent in the past month. However, in the last six months, the stock has returned 665 percent to its shareholders.

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    Investors have more than tripled their money
    According to the history of Gita Renewable Energy share price, if an investor had invested Rs 1 lakh in Gita Renewable Energy shares a month ago, it would have become ₹ 1 lakh ₹ 50,000, as the stock had risen 50 per cent during this period. In the last 3 months, stock level per stock. Increased from 52.80 to ₹ 120.15 points – 2.27 times increase. So, if an investor had invested ₹ 1 lakh in this counter three months ago, his ₹ 1 lakh would have become ₹ 2.27 lakh today. Similarly, if an investor had invested ₹ 1 lakh in this counter months ago, his ₹ 1 lakh would have become ₹ 7.65 lakh, as the stock had increased 7.65 times during this period.

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