Multibagger Stcok: Such a bumper return in a year, put 1 lakh and got 9.50 lakh, know the name of this stock

Mumbai. Is it possible that you invest one lakh rupees in a stock and you can get ten times return within 1 year. That is, the value of your investment of one lakh rupees should be around 10 lakh rupees. This has been made possible by a company in the smallcap sector, Mefcom Capital Markets, with a market cap of just Rs 145 crore, has given investors a strong return of more than 845 percent in a year.

Now this company’s board is preparing to do a stock split, for which the board of directors has fixed a record date for the company. On Monday, the stock of Mefcom Capital Markets got upper circuit during early trading on BSE and closed at Rs 158.90 with a gain of 5 per cent.

Also read- The company making socks made the investors happy, in one year the stock made more than 3 times the money

Manifold returns over 10 and 5 year periods
The stock price on July 9, 2002 was Rs 6.78 and is now priced at Rs 158.90. That is, thus far the stock has given a return of 2,244 percent. This stock has given returns of more than 1,400 percent during the last three years and has earned investors by giving strong returns of 587 in 5 years.

At the same time, the stock has given a return of 846 percent in the last one year. So far this stock has given strong returns of 229 percent in 2022 and 482 percent in 6 months. Not only this, even within 1 month, this stock has given a strong return of 80 percent.

Also read- This company made 1.60 crores for one lakh in 20 years, this year made one and a half times the money

Talking about the company’s economic data, during the quarter ended September 2022, the promoter shareholding in the company is 74.43 percent, FII holding is 0.09 percent and public stake is 25.47 percent.

,Disclaimer: The information related to this stock is based on its past performance. If you want to invest in this, then first consult a certified investment advisor. News18 will not be responsible for any profit or loss caused by you.)

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Tags: business news, Multibagger stock, stock market