Multibagger Stock Tips: This multibagger stock made investors a millionaire, became 1 lakh ₹ 1.7 crore


Multibagger Stock Tips: If you too invest money in the stock market or are planning to invest, then today we will tell you about the Multibagger Stock in the Banking Sector, which has given a return of 16950 percent to its investors. That is, if you had invested 1 lakh rupees in this stock, then your 1 lakh rupees would have become 1.7 crores. Let us tell you how you can convert your lakh rupees into crores-

Has been able to cross 1800 level in short term
The name of this banking stock is HDFC Bank. HDFC Bank stock is currently trading at its highest level. At present, this stock is trading at the level of 1725 and in the short term this stock can go to the level of 1800.

40 percent return given in last one year
If we look at the history of the share price of HDFC Bank, then this stock has given a return of about 8 percent to its investors in the last one month. In the last one month, the price of this stock has increased from Rs 1559 to Rs 1680 per share. At the same time, if we look at the history of the last 6 months, then at that time the price of this share was Rs 1412, which has reached the level of Rs 1680 per share at this time. The stock has given returns of 20 per cent to the investors during this period. On the other hand, if we look at a year ago, this stock has given investors about 40 percent return in this period. A year ago the price of this stock was at the level of Rs 1200, whereas today its price is Rs 1680 per stock.

Return of 165% given in 5 years
Similarly, if we talk about the last 5 years, then at this time the price of this stock was at the level of Rs 635 i.e. during this time this stock has given a return of 165 percent. Apart from this, if we talk after the listing of this stock i.e. on October 15, 1999, the price of this stock was Rs 9.82 in the market and today its value is Rs 1680, then according to this, this stock has given a return of about 1.7 times to its investors. .

1 lakh would have become 1.40 lakh in just one year
A year ago, if an investor had invested Rs 1 lakh in this stock, today his Rs 1 lakh would have turned into 1.08 lakh. At the same time, if you had invested 1 lakh rupees 6 months ago, then today its value would have become 1.20. At the same time, if 1 lakh had been invested in the same period a year ago, it would have increased to 1.40 today.

1.70 crores would have been made in 22 years
Apart from this, if an investor had invested Rs 1 lakh in this stock 5 years ago, then its value would have become 2.65 lakh in today’s market. At the same time, if you had invested 1 lakh in this counter 22 years ago, then your one lakh rupees would have turned into 1.70 crores.

Know what is the opinion of experts
Sumit Bagadiya, Executive Director, Choice Broking said, “HDFC Bank recently gave a breakout at ₹1650 and is now showing bullish momentum on the chart pattern. One can buy HDFC Bank shares at current market price of ₹1750 to ₹1800. The target is up to the level of

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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