Multibagger stock
Today, the festival of Ganesh Chaturthi is being celebrated across the country, on this occasion, if you take a look on last year’s figures, then it is known that Ganpati has special blessings on some companies in the stock market. These companies have made investors rich by giving bumper returns. A stock has so far given a return of up to 22,344% from the previous Ganesh Chaturthi.
The name of this stock is Elitecon International, this midcap share has given a bumper return of up to 22,344% since the previous Ganesh Chaturthi, that is, if someone had invested Rs 100000 in it, it would have been almost Rs 2.23 crore today.
Elitecon International: Shatter Return in Short Term
The stock of Elitecon International has given a rapid return of 127% in just one month. That is, not only the long term but also in the short term, this stock has made investors rich. The stock has increased by 886% in just three months. At the same time, the stock has shown a great rise of 1595% in 6 months. The 52 -week range of this stock is Rs 422.65 to Rs 1.10, which shows its excellent performance.
Smallcap stocks also rich
Apart from this, two more smallcap shares Kothari Industrial Corporation and Colab Platforms also saw a tremendous jump. There was a great return of 2,557% and 981% respectively.
At the same time, Cian Agro Industries and Infrastructure has given 416%, NACL Industries 368%, Lucent Industries has increased by 203% and Indo Thai Securities also showed up to 202%.
Strong performance compared to Nifty
These shares have also fully supported their investors in market fluctuations. When these shares were giving multibagger returns, the Nifty Index has fallen by about 0.6% since last Ganesh Chaturthi (6 September 2024). The Nifty Index had reached a record high of 26,277.35 on September 27, 2024, but after that it has seen a decline.
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