Multibaggar stock
Investors try hard for Multibaggar stocks. They are of the opinion that even if one stock is hit, good profits can be earned. One such Multibaggar stock is Jyoti Resins and Adhesives.
This penny stock has given huge returns to the investors. Jyoti Resins shares turned Rs 10,000 into Rs 37 lakhs in ten years. During this period the share of Multibaggar company increased from Rs.4 to Rs.1400. Shares of Jyoti Resins have risen over 37000 percent in the last ten years. The company’s 52-week high is Rs.1780.05.
Jyoti resins and adhesives stock price history…!
On July 4, 2014, the share price of Jyoti Resins and Adhesives was Rs.3.89. By July 5, 2024, the share price of the company has reached Rs.1450. Shares of Jyoti Resins have gained 37,100 percent in the last ten years. If a person had invested Rs 10,000 in Jyoti Regin’s shares on July 4, 2014, and continued his investment, the current value of the shares purchased at that Rs 10,000 would have been Rs 37.27 lakh. (Bonus shares offered by the company are not included in our calculations.)
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Shares of Jyoti Resins and Adhesives have risen over 2600 percent in the last five years. On July 5, 2019, the share price of the company was Rs.52.85. On July 5, 2024, Jyoti Resins share reached Rs.1450. Shares of Jyoti Resins have gained 443 percent in the last three years. The company’s 52-week high is Rs.1780.05. Meanwhile, Jyoti Resins hit a 52-week high of Rs 1181.05. In September 2022, Jyoti Resins offered bonus shares to its investors in the ratio of 2:1. That means the company has given 2 bonus shares for each share.