14 Dec , 2021 By : Kanchan Joshi
Multibagger stocks: Despite global economy being under stress for last one and half years, Indian stock market has been able to scale new highs. In this period, a good number of stocks have entered the list of multibagger stocks. Jindal Poly Investment & Finance is one of the multibagger stocks in Indian stock market. This is one of the multibagger stocks in 2021 that has surged from around Rs22 to Rs367 in year-to-date time, logging around 15,600 per cent rise this year.
Jindal Poly Investment & Finance share price history
In last one month, this multibagger stock has risen from Rs289 to Rs367, logging near 19 per cent rise in this period. In last 6 months, this multibagger penny stock has surged from Rs37.20 to Rs367 apiece levels, appreciating to the tune of near 825 per cent. Similarly, in year-to-date time i.e. in 2021, this multibagger share price has surged from around Rs22 to Rs367, yielding to the tune of 15,600 per cent to its shareholders.
Impact on investment
Taking cue from share price history of this multibagger stock, if an investor had invested Rs1 lakh in this stock one month ago, its Rs1 lakh would have turned to Rs1.19 lakh today. If an investor had invested Rs1 lakh in this multibagger penny stock 6 months ago and had remained invested in the counter till date, its Rs1 lakh would have turned to Rs9.25 lakh today.
Similarly, if an investor had invested Rs1 lakh in this multibagger stock at the beginning of the year 2021 buying one share at Rs22, its rs1 lakh would have turned to near 16.7 lakh today.
Comparison with key benchmark indices
In year-to-date time, NSE Nifty has delivered 23.60 per cent return whereas BSE Sensex has given around 21.50 per cent return in 2021. So, Jindal Poly Investment & Finance is one of the alpha stocks in 2021 because it has beaten key benchmark return by a huge margin.
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