Started at Rs 8, went up to Rs 1700, experts claim – crossed Rs 5500 in 4 years
Despite such rapid growth, the growth of this company is strong.The price rose 5 percent to 1773.35 on Thursday.The price fell 1.8 percent to Rs 1,735 on Friday.
New Delhi. There are some stocks in the stock market that give huge returns to their investors in a short span of time. One such stock is in the energy sector which has given a return of 22 thousand percent in just 4 years. The share price of this company was Rs 8 4 years ago which is now running above Rs 1700. Despite such rapid growth, the company’s growth is strong and experts believe that the stock will continue to deliver strong returns in the future.
Actually, we are talking about KPI Green Energy. The company’s shares hit the upper circuit on Thursday and rose 5 percent to 1773.35. However, on Friday, it fell 1.8 percent to Rs 1,735. Then the stock made its investors rich in 4 years. If someone had invested Rs 1 lakh in this company four years ago, it would have been worth Rs 2.20 crore today.
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See heaven and earth in one year.
The company’s 52% stake was as high as Rs.1895.95 and as low as Rs.309. It shows how much its stock has fluctuated over the year. If an investor had invested after reaching the low level, after reaching the high level, he would have made a profit of around Rs.1600 per share.
Gave huge profit in one year.
KPI Green Energy has also performed well in the past one year. During this period, the company has given a profit of 457%. The share price of the company was Rs 318.77 on April 18, 2023 which increased to Rs 1773.35 on April 18, 2024. Even in 6 months the stock of the company saw a 207% increase. If we talk about the year 2024, the stock of the company has increased by 86%.
How will the next 4 years be?
Market experts and brokerage houses believe that the stock price of the company can increase more than 3 times in the next 4 years. According to an estimate, by the year 2028, the stock price of this company may reach 5,523.34 rupees. If we look at it at the current price, each stock will have a profit of Rs 3,750.
Tags: Green Revolution, Multi bagger stock, Stock market, Stock market
First Publication: April 19, 2024, 19:37 IST
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