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Multibagger Chemical Stock Aarti Industries Turns Rs 1 Lakh to Rs 10.68 Crore

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In the Indian stock market, Aarti Industries shares are one of the multi-bagger stocks which will be produced in 2022. On NSE, after rising to its 52-week high of Rs 1,118. This stock has increased from around Rs 2.45 per share to around Rs 654.25 apiece.

In 2021, this stock built over 35 per cent till YTD; it has declined to the tune of 28 per cent. After the pandemic, this multi-bagger stock has risen from around 380 to Rs 654 apiece levels. In contrast, in past years, it has risen from nearly Rs 218 to Rs 654 apiece levels, giving around a 200 per cent return to its shareholders. 

Previous ten years, this multi-bagger chemical stock went up from around Rs 21.65 to Rs 654.25 levels, around a 2,900 per cent rise. Also, in the past 20 years, multibagger stock has surged from around Rs 2.45 apiece to Rs 654.25 levels, delivering a 26,600 per cent return to its investors.

However, shareholders of the company have not just benefitted from the sharp high in share price. The chemical company has announced bonus shares as well. This chemical stock has been given 1:1 bonus shares on two occasions in the last 20 years. This multi-bagger chemical stock traded ex-bonus in September 2019 and June 2021.

On 19 November 2022, Aarti Industries’ share price was Rs 654.25 on NSE. So, if an investor had invested Rs 1 lakh in this stock 20 years ago, its total shares after 1:1 bonus shares in 2019 and 2021 would have become 1,63,264. So, a net worth of one’s Rs 1 lakh invested 20 years ago in Aarti Industries would have grown to Rs 10,68,15,472 ( Rs 654.25 x 1,63,264) or Rs 10.68 crore.

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