Priced at Rs 1.50 per share to Rs 411, the stock made millionaires in just five years.

New Delhi. Many investors who invest in the stock market are afraid to even touch penny stocks. Market analysts also believe that investing in penny stocks is very risky. But, it is also a fact that many penny stocks bring tears to one’s eyes to hear the returns that have given investors. One such penny stock that makes millionaires is – Huzoor Multi Projects. Five years ago, the share price was only Rs 1.50. But, now the price of multi-bagger penny stock Huzoor Multi Projects has gone up to Rs.411. The stock continues to rise today and at 12 noon the share was trading at Rs 409.95 on the NSE, up 2.30%. The stock closed higher yesterday as well.

Shares of Huzoor Multi Projects opened higher today and jumped 3 percent to Rs 414. This stock has a 52-week high of Rs.454, while a 52-week low is Rs.115. The current market capitalization of the company is Rs 789.90 crore. The stock has gained 20% in the last five trading sessions. The reason for this recent increase is the order received by the company from the Maharashtra State Infrastructure Development Corporation. The company has emerged as the lowest bidder for the Rs 273.74 crore project.

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27,535 percent return in five years
Huzoor Multi Projects continues to shower cash on equity investors. The stock has returned -27,535 percent over the past five years. The price of this multi-beagger stock has increased by 213% in one year. This share has increased by 20% in the last one month.

The one who invested Rs.1 lakh became a millionaire.
Huzoor Multi Project Share has made investors millionaires in just five years. Five years ago, on August 23, 2019, this multi-bagger penny stock was priced at just Rs 1.48. Today it has become Rs 411. Thus, if someone had invested Rs 1 lakh in this share five years ago and is still invested, now the value of his investment has increased to Rs 27,770,270.

(Disclaimer: The information given here is based on share performance. As investing in stock market is subject to market risk, please consult a certified investment advisor before investing. News 18 Hindi becomes responsible for any damages you incur.)

Tags: money making tips, Multi bagger stock, Stock market, Stock tips