Download Unicorn Signals App

Powered By EquityPandit
MARKETS

Multibagger Stock Rs 1 Lakh Becomes Rs 12 Lakh Within 4 Months

The small-cap stocks have entered into the elite list of shares that have delivered more than 100 per cent to its shareholders. However, to the surprise of the market observers, the year 2021 has witnessed BSE SME-listed stocks that have delivered more than 100 per cent return to its shareholders. EKI Energy Services shares are one such BSE, SME exchange-listed stock that got listed on 7th April 2021, and in this short period of nearly four months, it has delivered more than 1082 per cent return to its loyal shareholders.

EKI Energy Services’ share price history says that the SME stock got listed at the SME exchange on 7th April 2021 and closed at Rs 147 on its listing date. And in this period of 4 months, the stock has surged up to Rs 1738.40 per share levels (close price on Tuesday, i.e. 3rd August 2021), logging around 1082.59 per cent rise in this period. The SME share yesterday hit 5 per cent upper circuit, while in the last five trade sessions, it scaled from Rs 1501.80 per stock mark to Rs 1738.40, yielding 15.75 per cent to its shareholders. However, in the previous one-month period, EKI Energy Services’ share price has jumped from Rs 722.65 per stock level to Rs 1738.40 mark, logging around 140 per cent rise in this period.

Taking a cue from EKI Energy Services’ share price history, if an investor had invested Rs 1 lakh on the listing date of the stock and had remained invested in it throughout the last four months period, its Rs 1 lakh would have become Rs 11.82 lakh. However, if an investor had invested in the counter one month ago, its Rs 1 lakh would have become Rs 2.40 lakh, multi-bagger return in one month. However, if an investor had invested Rs 1 lakh 5 days ago, its Rs 1 lakh would have become Rs 1.1575 lakh in this period.

Get Daily Prediction & Stocks Tips On Your Mobile