The wine of liquor making company, 1 lakh made one and a half crores
The fluctuations in the stock market are common, but there are some stocks that make tremendous money in a long time. One such company is Associated Alcohols and Breverage Limited which makes alcohol. The stock of this company has given multibagger returns to investors in the last few years. Whoever has invested one lakh in this stock has become a millionaire today.
The share price of this company is currently 1100 Is running above But do you know that this share at one time 10 Was getting below even? Now this stock has become a property worth crores for those who invested on time and kept patience.
Share condition
On Wednesday, the stock market saw a slight decline and the shares of Associated Alcohols are doing about Rs 1,175.90. This stock has given a return of about 74% in the last one year. Its price a year ago 678 Was and now 1180 Has reached During this period, the stock also had a high of 52 weeks.
If we talk about two years, then it has given a return of about 180% during this period. That is, if an investor has two years ago 1 Had he had planted a million, his value today 2.80 It would have been a million. At the same time, it has registered an increase of 368% in five years. five years ago 1 Lakh investment now increased 4.68 Lakh has been made.
1 lakh with 1 million millionaires
The real glow of this stock is seen when we see its 11 -year performance. This company shares only in February 2014 9 Was close to Today this share 1180 Has reached That is, it has given more than 13,000% returns. This means that if someone in this stock 11 years ago 1 Had he had invested lakhs, his value today 1.30 It would have been more than crores. There is hardly any better example of becoming a millionaire with an investment of only one lakh rupees.