new Delhi. Investors have got huge returns this year also through many multibagger stocks. During this time, most penny stocks have been included in the list of multibagger stocks. These stocks have seen a record rally. Today we are telling you about such a multibagger stock, which has given a tremendous return of 13,500 percent to its investors in just 1 year.
The name of this stock is – Sel Manufacturing Company Ltd. This stock is giving multibagger returns.
Reached from Rs 1 to Rs 186 in a year
The shares of SEL Manufacturing Company have gained 13,516 per cent in the last one year. This stock closed at Rs 1.37 on March 2, 2021, which reached a high of Rs 186.55 on BSE on March 2, 2022.
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1 lakh became more than 1 crore
An amount of Rs 1 lakh invested in the shares of SEL Manufacturing a year ago has turned into Rs 1.3 crore today. Compared to March 2, the Sensex rose 10.28 per cent during this period. On March 2, the stock closed at Rs 186.55, up 4.98 per cent. At the same time, the stock has gained 33.92 percent in the last six days.
SEL Manufacturing stock is higher than the moving averages of 5 Day, 20 Day, 50 Day, 100 Day and 200 Day. SEL’s manufacturing share has grown by 395.48 per cent since the beginning of this year. The stock has gained 128 per cent in a month and 21.49% in a week. The firm’s market cap on the BSE was Rs 618 crore. The stock hit a 52-week low of Rs 1.14 on March 8, 2021.
Eight promoters held 75.27 per cent stake in the firm and 16,521 public shareholders held 24.73 per cent in the quarter ended December 2021. Of these, 15,546 public shareholders held 0.46 per cent, with capital up to Rs 2 lakh. The three foreign portfolio investors (FPIs) held 42,178 shares in the third quarter of the current financial year.
Tags: Multibagger stock, Share market, stock return, Stock tips
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