Pune Media
Leading the news curation and publishing for the people of Pune

Trending news: Multibagger Stock: This stock made 1 crore for the investment of Rs 11,000, the company is giving bonus shares – Hindustan News Hub

Highlights

Many companies have made investors millionaires in the stock market.
Saddhana Motherson has made an investment of Rs 11,000 to Rs 1 crore.
The stock has given returns of more than 98,000 per cent to the investors.

New Delhi. There is a lot of turmoil in the market right now and the wealth of millions of shareholders is getting destroyed. This is the reason why shareholders are afraid to invest money in the market right now. But this stock market has made many people millionaires. Today we will tell about such a stock which has converted Rs 11,000 of its investors into Rs 1 crore over a long period of time.

The name of this company is Samdhana Motherson International Limited. This company makes components of companies in the automobile sector. This company has announced to issue shares in the ratio of 1:2 to its shareholders. This means that for every 2 shares, investors will get one share as bonus. The board of directors of the company has also given permission for this.

Bonus for the sixth time in 10 years
This company is going to give bonus shares to its shareholders for the sixth time in the last 10 years. One interesting thing here is that every time Samdrhana Motherson has given bonus shares to the shareholders in the ratio of 1:2 only. The company has earlier given bonus shares in 2018, 2017, 2015, 2013 and 2012.

Huge jump in investor capital
The shares of Samdhana Motherson International have made their investors even millionaires by giving tremendous returns. At present its price on NSE is Rs 118.30. However, on January 1, 1999, when the company started its business on NSE, the price of its shares was Rs 0.12. That is, since then this company has given a return of Rs 98,483 crore to its investors. If someone had then invested Rs 1 lakh in its shares and maintained it, it would have increased to Rs 9.85 lakh crore. At the same time, if someone had invested only Rs 11,000 then, today this money would have increased to Rs 1 lakh 8 crore. However, in the last one year, this stock has lost 47 per cent. This stock touched its 52-week high of Rs 214 in 2021.

Also read- Now you will not be able to easily withdraw Rs 10,000 from the savings account of the Post Office, the Department of Posts has changed the rules

financial position of the company

The market cap of the company is Rs 54.97 thousand crore. In the June quarter of the current financial year, it had earned an income of Rs 17615 crore while profit stood at Rs 141 crore. At the same time, in the same quarter of the previous financial year, the company had earned an income of Rs 16157 crore and its profit was Rs 290 crore. This means that the company’s profit has decreased in the first quarter of the current financial year.

(Disclaimer: The stocks mentioned here are for informational purposes only. If you wish to invest in any of these, please consult a Certified Investment Advisor first. News18 is not responsible for any profit or loss caused by you. Will happen.)

Tags: business news in hindi, Multibagger stock, Share market, stock market

FIRST PUBLISHED : September 25, 2022, 11:47 IST



Images are for reference only.Images and contents gathered automatic from google or 3rd party sources.All rights on the images and contents are with their legal original owners.

Aggregated From –
Comments
Loading...

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More