In the stock market, penny stocks are those shares whose price is less than Rs.10.
Shares of Kaiser Corporation have gained 20,541.03 percent in 1 year.
Within a year, it has jumped from 30 paise to Rs 80.50.
New Delhi. Nothing can be said when which bet will be straight in the stock market. Investing in penny stocks is usually not given by market experts. But, sometimes penny stocks also give such hefty profits, which are not even imagined. The share of Kaiser Corporation Limited (Kaiser corporation Share Price) was also a penny stock 1 year ago. But within a year, it has made investors rich. Within a year, it has jumped from 30 paise to Rs 80.50.
In the stock market, penny stocks are those shares whose price is less than Rs.10. Investing in these stocks is considered very risky. Shares of Kaiser Corporation have gained 20,541.03 percent in 1 year. Kaiser Corporation Limited deals in Labels, Stationery, Magazines, and Carton Printing. It also deals in engineering goods, electric and mechanical heat tracing etc. with its subsidiaries.
made a lot of money
According to a report by Moneycontrol, there has been a lot of volatility in the stock market in the last one year. But it has no effect on the stock of Kaiser Corporation. During this period, this multibagger stock has been climbing continuously without any pressure and consolidation. Shares of Kaiser Corporation Limited closed at Rs 80.50, up 3.27% on the BSE on Monday. In this way, the price of this stock has climbed 20,541.03 percent in the last one year. The stock has gained 13.86% per cent in the last one month. In the last 6 months, this stock has given 176 percent return to the investors. At the same time, since the beginning of the year 2022, this stock has climbed 2,656.85 percent.
Rs 1 lakh became 2.06 crore
If an investor had invested Rs 1 lakh in the shares of Kaiser Corporation 1 year ago, then today his value of Rs 1 lakh would have become Rs 2.06 crore. Similarly, if an investor had invested Rs 1 lakh in its shares on January 1, 2022, the value of his investment would have increased to Rs 27.56 lakh today. An investor who invested Rs 1 lakh in the shares of Kaiser Corporation 1 month ago is now getting Rs 1.14 lakh.
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FIRST PUBLISHED : September 13, 2022, 09:06 IST