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Multibagger Returns: 22,000% return during last 5 years. Yes, Raj Rayon Industries has made investors rich during this period. Despite this tumultuous surge, the company’s share price is still below Rs 50. But apart from Raj Rayon Industries, there are 15 stocks which have given investors more than 1000 percent return in the last one year.
What are those companies?
Ritesh Properties & Ltd., RRIL Limited, Lloyd Engineering, Agarwal Fortune have returned 4100%, 3963%, 2534% and 2254% in share price respectively during this period. On September 7, the share price of these companies was in the range of Rs 19 to Rs 43.
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How much has Raj Rayon Industries given in last one year?
Investors who bought and held this stock a year ago have gained over 200 percent so far. The share price of the company has seen a drop of more than 50 percent in the last 6 months. The process of profit booking has also continued during the last one month. The stock has fallen 18 percent during this period.