The stock of two rupees reached 1700, one lakh became eight crores
Astral Limited, a maker of plastic products, has made its investors wealthy. Shares of the company have risen from Rs 5 to Rs 1,200 in just a few years. Its stocks have returned more than 20,000 per cent during the period. That is a compensation of one lakh and eight crores.
If a person had invested Rs 1 lakh in shares of the company on March 15, 2006 and maintained his investment, it could be said that this amount has now increased to Rs 2.91 crore. (NSE) at Rs. 1.3, while on the last trading day, i.e. June 6, 206, the company's stock traded at Rs. 12 were closed. That means the company's stock has returned more than 20,000 per cent. If a person had invested Rs 1 lakh in shares of Astral Limited 10 years ago, this time the investment would have increased to close to Rs 1 lakh 2 lakh. Shares of Astral Ltd have returned more than 50% to their shareholders in the last three years.
Notably, the company's returns have not been very good this year and so far the company's shares have returned a negative 3%. However, experts believe that the company's stock may rise further in the near future. However, amidst global market signals, how much the stock will lose in the near future will depend on the time to come. 6,8.5, while the 6-week low of Rs. Is 1,204.5.
29-Sep-2024