This Multibagger stock gives 1725 percent return in 2 years

07 Apr , 2022 By : Kanchan Joshi

Multibagger stock: Indian secondary market witnessed heavy selloff post-outbreak of Covid-19 pandemic in 2020. However, after making its bottom on 23rd March 2020, it bounced back strongly, delivering good number of multibagger stocks in last two years.

In FY22, Indian secondary market has delivered more than 190 multibagger stocks whereas in Q4FY22 around 90 stocks have delivered multibagger return to its shareholders. Borosil shares belong to the list of multibagger stocks that rebound sharply in last two years. In these two years, it has surged from around Rs36 per share levels to Rs650 levels, logging near 1725 per cent rise in this period.

Borosil share price history

In last one month, this multibagger stock has surged from around Rs557.50 to Rs650 levels, appreciating around 16.50 per cent in this period. In last six months, Borosil share price has shot up from around Rs330 to Rs650 apiece levels, ascending to the tune of near 100 per cent in this period. In last one year, this multibagger stock has shot up from around Rs245 to Rs650, logging around 165 per cent rise in this period. Similarly, Borosil shares have ascended from around Rs35.70 (close price on 9th April 2020 on NSE) to Rs650 apiece levels, clocking near 1725 per cent rise in these two years.

Rs1 lakh becomes Rs18.25 lakh in two years

Taking cue from Borosil share price history, if an investor had invested Rs1 lakh in this multibagger stock one month ago, its Rs1 lakh would have turned to Rs1.16 lakh today. If an investor had invested Rs1 lakh in Borosil shares 6 months ago, its Rs1 lakh would have become around Rs2 lakh today. If an investor had invested in this multibagger stock one year ago and had remained invested in it till date, its Rs1 lakhn would have turned to Rs2.65 lakh today.

Similarly, if an investor had invested Rs1 lakh in this stock two year ago, its Rs1 lakh would have turned to Rs18.25 lakh today.

Current market capital of Borosil shares is near Rs8500 crore and its book value per share is slightly above 47. Its current trade volume is 5,55,477, which is much higher from its last 20 days average volume of 3,23,154. Its 52-week high of Rs747.90 is its life-time high as well whereas its 52-week low is Rs213.25 per share.