Multibagger Stock: This Rs 5 stock made investors a millionaire, gave a return of 650 percent


Multibagger penny stock: There is good news for the shareholders. If you are also searching for any penny stock with bumper returns in the year 2022, then today we will tell you about such a stock, through which you can earn good returns in a few months. The name of this stock is Vikas Ecotech shares. The shares of Vikas Ecotech have given investors a return of 275 per cent in the last one year.

650% return given in 2 years
This chemical stock has given great returns to the investors. In the last 2 years, this stock has increased from the level of 0.69 to the level of ₹ 5.30. In this, a return of 650 percent has been seen.

How was the stock trading?
The stock has remained strong in the last one month and has given returns of around 2 per cent to its investors. In year-on-year (YTD) time, the stock has gone from ₹3 to ₹5.30 levels. In the year 2022, this stock has climbed up to 75 percent. In the last 6 months, penny stock has given multibagger returns to its shareholders. It has increased from Rs 1.86 to Rs 5.30 in this period, registering a growth of about 185 percent in this period. In the last one year, this multibagger penny stock has risen from ₹1.41 to ₹5.30 per share, registering a growth of around 275 per cent in this period.

Amazing returns in 1 month
If an investor had invested 1 lakh in the shares of Vikas Ecotech a month ago, then his Rs 1 lakh would have become 1.02 lakh today. At the same time, if an investor had invested 1 lakh in this penny stock at the beginning of the new year, then his 1 lakh would have turned into 1.75 lakh today.

One lakh becomes 2.85 lakh in 6 months
If an investor had invested ₹1 lakh in this chemical stock 6 months back, his ₹1 lakh would have become ₹2.85 lakh today, whereas in the last one year, it would have become ₹3.75 lakh today.

1 lakh becomes 7.5 lakh
Similarly, if an investor had invested ₹1 lakh in this penny stock two years ago and had invested in the stock during this period, his ₹1 lakh would have become ₹7.5 lakh today.

Know how much is the trade value
Presently, the market cap of Vikas Ecotech’s shares is around ₹500 crore and its book value is 2.45 per share. Its current trade value is 2,16,86,068, which is almost double its 20 days average volume of 1,01,52,967. Its 52-week high on NSE is ₹6.90 per share while its 52-week low is ₹1 per share.

Disclaimer: The information provided here is being given for informational purposes only. It is important to mention here that investing in the market is subject to market risks. Always consult an expert before investing money as an investor. It is never advised to invest any money from ABPLive.com here.

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