Multibagger stock: NBFC stock turns ₹1 lakh to ₹18 lakh in 20 months2 min read . Updated: 05 Feb 2022, 07:18 AM IST
- Multibagger stock: If an investor had invested ₹1 lakh in this NBFC stock one year ago, its ₹1 lakh would have become ₹4.50 lakh today
Multibagger stock: Year 2021 witnessed a good number of multibagger stocks and multibagger penny stocks in the market rebound post-second wave of Covid-19 pandemic. This number of multibagger stocks in India becomes much bigger when we look at the Indian stock market's bounce back after first wave of the pandemic. Adar Poonawalla's (a Cyrus Poonawalla group promoted) Pune based non-banking financial company Poonawalla Fincorp is one of the listed multibagger stocks in Indian secondary market. Poonawalla Fincorp Ltd share price had a closing of ₹16.40 per shares on 5th June 2020 on NSE whereas its closing on 4th February 2022 on NSE is ₹264.80 apiece, which means this non banking financial company's stock has surged around 1700 per cent in these 20 months.
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