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Share Market Update: Nowadays many people invest in the stock market. Investing in the stock market can change luck, but it should be seen on the right opportunity and the right stock should be understood.
Share Market Update: Nowadays many people invest in the stock market. Investing in the stock market can change luck, but it should be seen on the right opportunity and the right stock should be understood. So that you can become rich overnight by putting money on many small stocks. Here we will tell you about one such stock which made small investors overnight.
This stock gave great returns to investors in the last 5 years, which changed the investment of just 10 thousand into millions. But this does not happen every time in the stock market. Therefore, without seeing old returns without research and planning, it can be risky. Invest thoughtfully and enter the market from a long-time perspective.
An unknown gem becomes multibagger
PG Group’s company PG Electroplast Limited, which provides electronic manufacturing services, gave a return in the last five years that no one had imagined. Its share price was just 3.59 rupees in 2019 and now it has crossed 800 rupees. This stock has changed the fate of many people in minutes.
22,300% flight in 5 years, amazing performance
If an investor had invested only 10 thousand rupees in this company 5 years ago, then his current value would have been about 22.4 lakh rupees. Not only this, in three years this stock has given a return of more than 1000%- that is, the money has increased 11 times in three years.
Share Split increased grip and demand
In July of 2024, this stock was divided into a ratio of 1:10, giving 10 share of 1 rupee share instead of a share of 10 rupees to investors. This increased the access to the stock to small investors and also improved liquidity.
Do this homework before investing
Even though this stock has performed brilliantly in the past, there is no guarantee of returns in future. The nature of the market is unstable and no stock is made multibagger every time. It is very important to seek the advice of experts and do research on its own before investment. So that you are safe and you also get good returns.
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