Multibagger Stock: This stock has done things in ten months, made Rs 66 lakh for one lakh

Multibagger Stock: This stock has done things in ten months, made Rs 66 lakh for one lakh

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New Delhi. Multibagger Stock: There are always some such stocks in the stock market, which fill the bags of their investors in a very short time. Even today we will talk about one such stock. These multibagger stocks have gone up very fast. The name of this multibagger stock is EKI Energy Services. This stock has given returns of about 6,500 percent to its investors in the last ten months itself.

EKI Energy Services came out with its IPO last year. The company had allotted shares to the investors at a price of Rs 102. Started in 2011, EKI Energy Services is one of the largest players in the Carbon Credit industry in India. This company provides services in Climate Change Advisory, Carbon Credits Trading, Business Excellence Advisory and Electrical Safety Audits.

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The main business of EKI Energy Services is trading of Carbon Credits. The company’s market cap is close to Rs 6,554 crore. The company’s revenue in the December 2021 quarter was Rs 687.82 crore and the company had a net profit of Rs 161.21 crore.

Got rich in 10 months

The shares of EKI Energy Services were trading at Rs 147 on the Bombay Stock Exchange (BSE) on 7 April 2021. The company’s shares reached the level of Rs 9,765 in intraday on BSE on 14 February 2022. However, it later declined and closed at Rs 9,300. The company’s shares have given a return of about 6,600 percent in the last 10 months. If a person had invested Rs 1 lakh in the shares of the company on 7 April 2021 and had retained his investment, then at present this money would have been around Rs 66 lakh.

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great record

Shares of EKI Energy Services are consistently performing well. If we talk about the last 6 months only, then there has been a jump of 500% in the company’s stocks. As on 16 August 2021, the share price of EKI Energy was Rs 1,567.05 on the Bombay Stock Exchange (BSE). At the same time, on 14 February 2022, the company’s shares reached Rs 9,700 on BSE. If a person had invested 1 lakh rupees in the shares of the company on 16 August 2021, then today he would have been close to one lakh 6.18 lakh rupees.

Tags: BSE, Multibagger stock, stock market

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