From Rs 10 thousand to Rs 37 lakh, this Rs 4 share made investors rich

Jyoti Resins & Adhesives, once a penny stock, has given attractive returns to investors. In 10 years, Jyoti Resins shares will be Rs. 10,000 investment to Rs. More than 37 lakhs have been converted. During this period the shares of Multibagger Company increased from Rs.4 to Rs.1400. Shares of Jyoti Resins have gained more than 37000% in the last 10 years. The company’s stock touched a 52-week high of Rs. is 1780.05.

10,000 to over 37 lakhs earned
Shares of Jyoti Resins and Adhesives on July 4, 2014 at Rs. were at 3.89. Shares of the company have reached Rs 1450 on 5 July 2024. Jyoti Resins shares have gained 37100% in last 10 years. If a person invests in shares of Jyoti Resins on July 4, 2014 for Rs. 10,000 invested and maintained the investment, Rs. 10,000 the present value of the shares bought is Rs. 37.27 lakh would have been. We have not included the bonus shares given by the company in our calculation.

Shares gained more than 2600% in 5 years
Shares of Jyoti Resins and Adhesives have increased by over 2600% in the last 5 years. On July 5, 2019, the shares of the company were Rs. were at 52.85. Shares of Jyoti Resins touched Rs 1450 on 5 July 2024. Shares of Jyoti Resins have gained 443% in the last 3 years. The company’s stock touched a 52-week high of Rs. is 1780.05. At the same time, shares of Jyoti Resins touched a 52-week high of Rs. is 1181.05. Jyoti Resins also gave bonus shares to its investors in the ratio of 2:1 in September 2022. That is, the company issued 2 bonus shares for every share.