Multibagger Stock: Amazing stock! Those who invested rs 1 lakh in godrej consumer products share got a return of rs 2 crore

Multibagger Stock: Amazing stock!  Those who invested rs 1 lakh in godrej consumer products share got a return of rs 2 crore

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New Delhi: There are many such stocks in the stock market which have made investors millionaires in a jiffy. One such stock belongs to Godrej Consumer Products Limited, a consumer product maker of Godrej Group. Godrej Consumer Products Limited has given amazing returns to its investors. Those who invested Rs 1 lakh in this stock have become crorepatis. The stock of this company of Godrej Group still remains bumper fast. According to experts, there may be further upside in this stock. On Friday, Godrej Consumer Products had closed at a level of Rs 968.05 with an increase. There is a steady rise in the stocks. You must talk to your financial advisor before investing in any stock. If you do not do this, you may have to suffer financially.

Stock or Rocket? Those investing ₹ 1 lakh made ₹ 36 lakh in three months, investors vying to buy stocks

This is how investors became millionaires

Shares of Godrej Consumer Products Limited have made investors rich in the long term. On June 22, 2001, the shares of Godrej Company were trading at Rs.4. At the same time, the shares of the company remain at the level of Rs 968. In such a situation, this share has increased by more than 23 thousand percent in the last 22 years. In such a situation, if an investor had invested Rs 1 lakh in this stock in the year 2001, then today his amount would have increased to more than Rs 2 crore.

This share is running at a stormy pace, those who invest ₹ 1 lakh get ₹ 10 lakh in a year, now the company is going to give bonus shares

Made rich even in short term

It is not that this stock has made investors rich in the long term. The stock has given bumper returns to the investors even in the short term. On March 30 last year, this stock was trading at around Rs 700 level. Accordingly, the stock has given a return of 39 per cent to the investors in one year. According to experts, there may be a further rise in the stock in the coming times.

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