25 Dec , 2021 By : Kanchan Joshi
Multibagger stock: Despite global economy feeling the head of Covid-19 pandemic, Indian stock market has given stellar return to its investors. In this period of near one and half years, a good number of stocks have entered the list of multibagger stocks in 2021. In this participatory rally at Dalal Street, a large number of penny stocks have given multibagger return to its shareholders constituting a large group of multibagger penny stocks in 2021. Digjam shares are one of the multibagger penny stocks in India today. The penny textile stock has surged from Rs0.97 to Rs194 in last 3 years, logging around 19,900 per cent rise in this period.
Digjam share price history
As per Digjam share price history, this multibagger penny stock has risen from Rs66.60 to Rs194 apiece levels in last one month, logging around 90 per cent rise in this period. In last 3 months, this multibagger stock has surged from Rs17.27 to Rs194, appreciating to the tune of near 1000 per cent in this period. Likewise, in last one year, this penny stock has gone northward from Rs3.98 to Rs194, registering around 4800 per cent rise in this period.
Likewise, in last three years, this multibagger penny stock price has appreciated from Rs0.97 to Rs194 apiece levels, logging near 200 times in this period.
Impact on investment
Taking cue from the share price history of this multibagger penny stock, if an investor had invested Rs1 lakh in this stock one month ago, its Rs1 lakh would have turned to Rs1.90 lakh today. If an investor had invested Rs1 lakh in this stock 3 months ago, its Rs1 lakh would have turned to Rs11 lakh today. Similarly, if an investor had invested Rs1 lakh in this penny stock one year ago and had remained invested in it till date, its Rs1 lakh would have turned to Rs49 lakh.
Likewise, if an investor had invested Rs1 lakh in this stock 3 years ago and remained invested in this multibagger penny stock till date, its Rs1 lakh would have turned to Rs2 crore today.
Generating alpha return in 3 years
This multibagger penny stock is one of the alpha stocks in 22021 as well. It has beaten key benchmark indices by huge margin. In same 3 years, NSE Nifty has delivered around 57.60 per cent return whereas BSE Sensex has given around 59 per cent return to is investors.
0 Comment