Multibagger Stock

Multibagger Stock :-

Investors in the stock market always expect to make huge profits. There are also some stocks in the stock market which have given huge returns to the investors over a long period of time.

Shares of Divi’s Lab, a pharma company, also fall into the category of multibagger stocks. The stock, which was priced at Rs 9 19 years ago, has fallen to the level of Rs 3613. At this time, those who had invested one lakh rupees in the shares of this company and kept it would have become millionaires today. Multibagger Stock

Divi’s Lab

These shares rose slightly on Tuesday (August 30). It closed up 0.85 percent at Rs 3,613 on the NSE. The shares have gained 3.41 percent in the last 5 trading sessions. However, these shares have fallen by 30 percent since last one year. But over a long period of time these shares have given tremendous returns to the investors. These shares have gained 408 percent in the last 5 years. Multibagger Stock

Learn about the company :-

Note that large cap pharma company Divi’s Lab has a market cap of Rs 96,000.24 crore. The company manufactures Active Pharma Ingredients (APIs). In the first quarter of FY 2023, Divi’s Lab’s net profit is Rs 702 crore. At the same time, it was Rs 557 crore in the first quarter of FY 2022. The company’s profit (including tax) rose 4.5% to Rs 851 crore in the first quarter of the current financial year. It was Rs 814 crore in the same quarter a year ago. Likewise, Divi’s Lab’s total revenue grew 17% in the first quarter of fiscal 2023. Multibagger Stock

Multibagger Stock

1 lakh earned 4 crores in 19 years :-

On March 13, 2003, shares of Divi’s Lab were at Rs.9. So today on 30 August 2022 the price of these shares is Rs 3613. If someone had invested Rs 1 lakh in these shares 19 years ago and kept his investment, he would have got Rs 4.014 crore today. Similarly, if someone had invested Rs 1 lakh in these shares 5 years ago, he would have got Rs 5.07 lakh today. Multibagger Stock

Read More :-

10 Ways Make Money Online

This Stock Rained Money In Just 6 Months! Investors Became Rich…

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