This stock rose from 44 paise to Rs 77 in one year!  1 lakh made 2 crore, did you buy?

This stock rose from 44 paise to Rs 77 in one year! 1 lakh made 2 crore, did you buy?

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new Delhi. Although investing money in penny stock is quite risky, but it has no break in terms of giving returns. In the year 2021, many penny stocks with good fundamentals have surprised investors by giving great returns. One of these is the stock of Equippp Social Impact Technologies.

Equipe Social Impact Technologies stock has given bumper returns to its shareholders in one year. The investor who invested money in this stock a year ago has become rich today.

19,275% return given in one year
Equipe Social Impact Technologies stock has given 19,275% return to its shareholders in one year. The penny stock was Rs 0.40 on February 19, 2021, reaching a high of Rs 77 on BSE on February 21, 2022.

Also read: Start this business by investing ₹ 1 lakh, will earn up to ₹ 8 lakh every month, the government will help

One lakh became 1.93 crore
One lakh of an investor who would have invested Rs 1 lakh in Equip Social Impact Technologies stock a year ago would have turned into Rs 1.93 crore today. In comparison, the Sensex has gained 13.39% during this period. However, the stock has lost 27.18 per cent since the beginning of this year. The stock is down 10.64% in one month.

Know about the company
The stock is higher than the 200 day moving average but lower than the 5 day, 20 day, 50 day and 100 day moving average. A total of 5,700 shares of the firm traded at Rs 4.29 lakh on the BSE. The market cap of the firm is Rs 793.83 crore. The excellent performance of the stock in a year is not commensurate with the financial position of the firm.

Agri-Biotechnology Company works as a Biotechnology Company. The company specializes in bio-fertilizers, bio-pesticides, micronutrients, insecticides and fungicides to increase the yield potential of crops. Equip Social Impact Technologies serves customers in India.

Tags: business news in hindi, Multibagger stock, Multibagger stock 2021, Share market, stock return, Stock tips

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