Shares of HLE Glasscoat gave investors 94 times returns in 15 years.
This stock is available on both BSE and NSE indices.
This stock has registered a decline in the last 1 year.
New Delhi. From veteran investor Rakesh Jhunjhunwala to other big players of the market, it is said that if you want to earn from the stock market, then you have to stop there. Many such examples also keep coming in front of us when patience brought bang returns to the people in the market. There are many multibagger stocks in the market from which people have made good money. Today we will also talk about one such multibagger.
Today we will tell about the shares of HLE Glasscoat. This stock, which was once sold for less than Rs 50, has even crossed the level of Rs 3,000 today. It is a mid-cap stock and companies in this category often outperform the benchmark index. This stock has given returns of more than 9,000 per cent to its investors.
share price history
The stock has been under selling pressure in recent days and touched its 52-week low of Rs 2,951. This stock has not given even one per cent return in the last one year. But the price history before that is fantastic. Let us tell you that its highest level is Rs 7,549. In the last 5 years, this stock has fixed a level of Rs 160 to Rs 3107. That is, it has given a profit of 1850 percent to the investors in this period. At the same time, if we talk about the last 10 years, then this stock has reached its current level of Rs 36, during which investors have got a return of 8530 percent. 15 years ago this stock had Rs 33. The investors who would have invested money in this stock then have got a return of 9400.
1 lakh became 94 lakh rupees
As we mentioned that its performance in the last one year has not been good, so if someone had invested 1 lakh rupees in it 1 year ago, then its amount would have come down to 90,000. At the same time, if someone had invested in it 5 years ago, then his investment would have increased to Rs 19.50 lakh. The shareholder’s amount by investing 10 years would have increased to Rs 86.30 lakh. At the same time, 15 years ago, the investment of a person who invested Rs 1 lakh in it would have become Rs 94 lakh.
where is the share available
Earlier this stock was available only on BSE but in February last year it got listed on NSE as well. Its market cap was Rs 4,230 crore on Friday.
FIRST PUBLISHED : July 30, 2022, 12:13 IST