03 Mar , 2022 By : Kanchan Joshi
Multibagger stock: In stock market rebound post-Covid-19 selloff, a good number of stocks have delivered multibagger return to its shareholders. This list of multibagger stocks includes some penny stocks too. Brightcom Group shares are one of the multibagger penny stocks in 2021. This penny stock has surged from near Rs6 apiece levels to Rs114 levels in last one year, delivering around 1800 per cent return to its shareholders.
Brightcom Group share price history
In last one month, this multibagger penny stock has been nosediving due to the negative sentiments at global equity markets. In last one month, this stock has crashed Rs177 to Rs114 levels, clocking around 35 per cent dip in this period. In last 6 months, this penny stock has surged from Rs35.50 to Rs114 levels, surging to the tune of 220 per cent in this time. In year-to-date (YTD) time, Brightcom Group share price has shed 33 per cent.
However, Brightcom Group share price had closed at Rs6.08 apiece levels on 26th February 2021 whereas it closed at rs113.85 levels on 2nd March 2022. so, in near one year, this multibagger stock has shot up from Rs6.08 to Rs113.85 levels, clocking near 1800 per cent rise in this near one year time.
Rs1 lakh turns to Rs19 lakh in one year
Taking cue from Brightcome Group share price history, if an investor had invested in this multibagger stock one month ago, its Rs1 lakh would have turned to Rs65 lakh whereas it would have turned to Rs67 lakh in YTD time. If an investor had invested Rs1 lakh in this multibagger penny stock 6 months ago, its Rs1 lakh would have turned to Rs3.20 lakh today. Similarly, if an investor had invested in this stock around a year ago buying one share at Rs6.08 levels and had remained invested in it throughout this period, its Rs1 lakh would have turned to Rs19 lakh today.
Brightcom Group bonus shares
Brightcom Group has announced 2:3 bonus shares for its shareholders and the record date for approval of bonus shares has been fixed on 16th March 2022.
Brighton Group informed about bonus share in its exchange communication citing, "Kindly note that the Company has decided to set Wednesday, March 16, 2022, as the Record Date to ascertain the eligibility of shareholders entitled to the issuance of Bonus Shares. The proposed equity bonus will be issued in the ratio of 2:3 (two equity shares for every three equity shares held by the Members), as recommended by the Company's Board of Directors in its meeting held on January 25, 2022, subject to members' approval."
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