Magical multibagger stock worth 37 paise! From 1 L to 2 crore in just one year, you bought?
Multibagger stock: The Indian stock market is witnessing tremendous volatility amid global market signals. But, today we are telling you about a stock that has made its investors millionaires in just one year. The stock (Kaiser Corporation share price) has returned more than 21,228% in the last one year.
Multibagger Penny Stock: Amid weak signals from global markets, the Indian stock market is in a steady decline. The last trading session also saw a bumper decline in the stock market. The Sensex and Nifty are in a downtrend. But in the meantime there are some stocks that are offering bumper profits.
Penny Stocks offers bumper returns
Today we are telling you about one such stock which has made its investors millionaires in just one year. This is the share - Kaiser Corporation Limited. Let me tell you that this is one of the potential multibagger stocks of the year. Saffron Corporation's share price has returned more than 21,228% in the last one year.
How was the journey of the stock?
The share price of Kaiser Corporation Limited was 38 paise on the BSE on 16 August 2021, a year ago, while on July 1, 2022, the share price reached Rs 81.05 on the BSE. In other words, in just one year, the stock has given a tremendous return of Rs. Climbed to 80.67. During this period, it has given its investors a marvelous return of 21,228.95%. Similarly, in the year 2022, the share of Kaiser Corporation has increased by 2,675.68%.
Investors became millionaires
If we look at the share price of Kaiser Corporation Limited, if an investor had invested Rs 1 lakh in the stock at 38 paise a year ago and maintained his investment till now, the amount would have gone up to Rs 2.10 crore today. Rs. At the same time, if an investor had invested Rs 1 lakh in the stock at Rs 2.92 per share this year, the amount would have gone up to Rs 27.41 lakh today.
What does this company do?
Now let's talk about this company. The company was established in Mumbai in September 1993 and on March 15, 1995 it was transformed into a public limited company under the name Kaiser Press Limited. The company was renamed Kaiser Corporation Limited on November 5, 2013. The company deals in labels, stationery articles, magazines and cartons.
25-Jun-2025