Multibagger Stock: Share of this company made investors millionaires, stock price rose from Rs 4 to Rs 375 – sudarshan chemical share price jumps made investors crorepati know details
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This is how investors became millionaires
On December 19, 2002, the share price of Sudarshan Chemical was Rs.3.73. On February 13, 2023, the shares of Sudarshan Chemical closed at Rs.375. In such a situation, if an investor had invested Rs 1 lakh in this stock 21 years ago, he would have got a return of around Rs 1 crore today. However, talking about a year ago i.e. 2021, the share price of Sudarshan Chemical was around Rs.755. However, thereafter the shares witnessed a decline and it further declined to Rs 345 level in February this year. This is the 52-week low for the stock.
stock expected to rise
Investors are hopeful that in the coming times, this stock can see a boom again. This stock has consistently given excellent returns to the investors. After the fall in the past, now the recovery is being seen in the stock of the company. According to the investors, the stock is looking strong on the technical charts. There are signs of acceleration in this.
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