₹1 lakh turned ₹85 lakhs in this Multibagger stock in 10 years
This Chemical stock has given around 47 per cent upside movement in year to date (YTD) i.e. in 2021
If an investor invested ₹1 lakh in these shares 6 months ago and continues to invest so far, his ₹1 lakh would be ₹1.46 today. The effectiveness of this chemical attack over the past 5 years has been about 500 percent.
Achieving Multibagger return is not easy, but after hard work, you can find a company with a solid business model and honest and competent management. Once such a company is found, the stock market investor must remember that money is not buying and selling shares, but waiting.
Therefore, after finding a good quality company with strong business prospects, you need to trust your convictions and keep investing as much as you can. It is necessary to look at the history of Aarti Industries share prices: to date, the share price of the Chemical Company has changed by about 47% (YTD) i. in 2021.
Such a large return in about 8 months could prompt an investor to take profit and move to another stock of the same quality as Aarti Industries when the investor opted for that stock. However, if we look at the results of the shares over the past year, they brought their shareholders about 70% of the return, so setting a return of 70% per year is not a problem. Bad from an investor's point of view. Look. To convey, let's look at the dynamics of chemical stocks over the past 5 years.
The productivity of Aarti Industries over the past 5 years has been about 500%. at 10.83 yen per share on August 26, 2011, with a close at ₹ 926.80 on August 27, 2021, which is about 85 times the period, so the stock brought better returns for those who can keep the stock until as long as achievable.
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