Active Stocks
Tue Apr 16 2024 15:59:30
  1. Tata Steel share price
  2. 160.05 -0.53%
  1. Infosys share price
  2. 1,414.75 -3.65%
  1. NTPC share price
  2. 359.40 -0.54%
  1. State Bank Of India share price
  2. 751.90 -0.65%
  1. HDFC Bank share price
  2. 1,509.40 0.97%
Business News/ Markets / Stock Markets/  Multibagger stock: 1 lakh turns to 10.8 lakh in this share in 6 months
BackBack

Multibagger stock: ₹1 lakh turns to ₹10.8 lakh in this share in 6 months

Multibagger stock: If an investor had invested ₹1 lakh in this pharma stock one month ago, today its ₹1 lakh would have become ₹1.42 lakh

In Year to Date (YTD) terms, the BSE Healthcare index has risen around 22 per cent while this pharma stock has delivered stellar 853 per cent return in the same period.Premium
In Year to Date (YTD) terms, the BSE Healthcare index has risen around 22 per cent while this pharma stock has delivered stellar 853 per cent return in the same period.

Multibagger stock: Amid Indian indices soaring to its record highs, a handful of shares have entered into the list of multibagger stocks in 2021. Kwality Pharmaceuticals shares are one of them. In fact, the pharma stock has beaten S&P BSE Healthcare index by huge margin. In Year to Date (YTD) terms, the BSE Healthcare index has risen around 22 per cent while this pharma stock has delivered stellar 853 per cent return in the same period. In the last 6 months alone, the multibagger stock has shot up 979.56 per cent.

Kwality Pharmaceuticals share price history

Kwality Pharmaceuticals shares have hit upper circuit in four trading sessions have out of the last 5 sessions. This multibagger pharma stock has given robust 42 per cent return in the last one month while in the last 6 months, it has given stellar 979 per cent return to its shareholders after rising from 52.10 per stock levels to 562.45 apiece currently. In Year to Date (YTD) terms, this pharma stock has surged from 59 per equity levels to 562.45 apiece — logging around 853 per cent rise in the year 2021.

Impact on one's investment

Taking cue from Kwality Pharmaceuticals share price history, if an investor had invested 1 lakh in this pharma stock one month ago, today its 1 lakh would have become 1.42 lakh. Similarly, if an investor had invested 1 lakh buying this pharma stock at its close price on 31st December 2020, its 1 lakh would have become 9.53 lakh today. However, if an investor had invested 1 lakh in this multibagger stock 6 months ago and had remained invested in the counter throughout this period, its 1 lakh would have become near 10.8 lakh as the stock has risen 979.56 per cent in this period.

Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it's all here, just a click away! Login Now!

ABOUT THE AUTHOR
Asit Manohar
Chief Content Producer at Live Mint Digital Team
Catch all the Business News, Market News, Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
More Less
Published: 15 Sep 2021, 08:01 AM IST
Next Story footLogo
Recommended For You
GENIE RECOMMENDS

Get the best recommendations on Stocks, Mutual Funds and more based on your Risk profile!

Let’s get started
Switch to the Mint app for fast and personalized news - Get App