Multibagger Stock: Investing in the stock market means you have to be patient. If you have wisely invested in a company, then in such a situation, there should not be a lot of worry in case the price falls or goes up.
Because it has been seen many times that waiting has given good returns. We got to see the same thing. With the share of Navin Fluorine, the share price of the company has increased from Rs 55.26 (January 24, 2014) to Rs 3803 per share on NSE in the last eight years. That is, a jump of about 6800 percent was seen in the prices during this period.
What is the history of the company’s stockÂ
The stock has not been profitable in the last few sessions. In one month, the share price fell from Rs 4245 per share to Rs 3803 per share. At the same time, if we look at the last 6 months,
the share price has increased from Rs 3681.25 to Rs 3803 (25 January 2022). That is, a jump of about 3% was seen. Whereas a year ago if someone would have reposed faith in this company, today its returns would have increased by 55%.
If we talk about the last 5 years, then the share price has increased from Rs 540 to Rs 3803 per share. A jump of about 600 percent was seen during this period.
At the same time, 8 years ago, the price of one share of this company was only Rs 55.26. That is, whoever has invested eight years ago, he will be rich today.
What happened to the investment of one lakh?Â
If someone had invested 1 lakh rupees in Navin Fluorine’s stock a month ago, then today it would have come down to 90 thousand. Whereas an investment of Rs 1 lakh made 6 months ago would have become Rs 1.03 lakh today.
At the same time, the one who would have expressed confidence a year ago would have Rs 1.55 lakh in his hand today. Whereas Rs 1 lakh done eight years ago would have increased to Rs 69 lakh in today’s time.
