Multibagger stocks: One such penny stock is included in the list of multibagger stocks which increased from Rs 21.15 to Rs 941.50. In 15 months, the shares of this company have given investors up to 44.50 times returns.
Multibagger penny stock gives bumper returns to investors
During the Kovid-19 epidemic, the Indian stock market has given a large number of multibagger stocks in the year 2021. Some of them have given good returns in the last few months before the end of the year. Hence such stocks are still considered as multibagger stocks for 2022. One such penny stock is included in the list of multibagger shares, which increased from Rs 21.15 to Rs 941.50. In 15 months, the shares of this company have given investors up to 44.50 times returns. That is, Rs 10,000 of investors invested on 1 October 2020 increased to Rs 4.45 lakh today.
We are talking about the shares of polymer processing company Xpro India. In the past one month, the share price of Xpro India has risen from around Rs 897 to Rs 941.50, registering a growth of nearly 5 per cent in the same period. In the last 6 months, this multibagger stock has increased from Rs 175 to Rs 941.50, which has increased by almost 450 per cent during this period.
Similarly, in the last one year, this multibagger stock increased from Rs 35 to Rs 941.50. A growth of 2,560 per cent was registered during this period. The stock has risen from Rs 21.15 to Rs 941.50 in the last 15 months, giving a return of around 4,350 per cent to its shareholders during this period.