06 Apr , 2022 By : Kanchan Joshi
Multibagger stocks: Investing in a penny stock is highly risky as a single trigger leads to high volatility in such stocks due to its low float feature. But, smart investors, who remain informed and don't gamble, do invest in penny stocks and pocket staggering return on their investment in small time period. Sindhu Trade Links shares are glaring example of it. In last 5 years, this BSE-listed stock has surged from Rs1.69 to Rs119 apiece levels, delivering around 7000 per cent return to its shareholders in this period.
Sindhu Trade Links share price history
In last one month, this multibagger stock has been under consolidation. This transportation and logistics company's stock has dipped from around Rs136 to Rs119, logging near 12 per cent decline in last one month. In year-to-date (YTD) time, this multibagger stock has surged from near Rs73 to Rs119 per share levels, clocking around 65 per cent appreciation in 2022. In last six month, this multibagger stock has ascended from Rs37.40 to Rs119.25 levels, jumping near 220 per cent in this small period. Similarly, in last one year, this multibagger stock shot up from Rs5.72 to Rs119.25 levels, logging around 1985 per cent rise in this period.
Likewise, this multibagger penny stock has appreciated from Rs1.69 (close price on 17th February 2017 on BSE) to Rs119.25 apiece levels, logging around 7000 per cent rise in these near 5 years.
Rs1 lakh turns to Rs71 lakh in 5 years
Taking cue from Sindhu Trade Links share price history, if an investor had invested Rs1 lakh in this stock one month ago, its Rs1 lakh would have become Rs88,000 today whereas it would have turned to Rs1.65 lakh in YTD time. If an investor had invested Rs1 lakh in this multibagger stock 6 months ago, its Rs1 lakh would have turned to Rs3.20 lakh today. If an investor had invested Rs1 lakh in this stock one year ago, its Rs1 lakh would have turned to Rs20.85 lakh today.
Similarly, if an investor had invested Rs1 lakh in this stock 5 years ago buying one stock at Rs1.69 apiece levels and had remained invested in this penny stock throughout this period, its Rs1 lakh would have turned to Rs71 lakh today.
Sindhu Trade Links share details
Current market capital of this multibagger stock is Rs6,130 crore and its current trade volume is 1,07,242, which is much higher from its last 20 days trade volume of 85,255. Book value per share of this multibagger stock is 13.23. Its 52-week high of Rs166.20 apiece is its life-time high as well whereas its 52-week low is Rs5.32 per share.
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