Multibagger Stock: Share or Rocket, rose 441 percent in 9 months, investors broke down to buy stock – multibagger stock medico remedies stock gave a bumper return of 441 percent in 9 months

Multibagger Stock: Share or Rocket, rose 441 percent in 9 months, investors broke down to buy stock – multibagger stock medico remedies stock gave a bumper return of 441 percent in 9 months

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New Delhi:There are many stocks in the stock market that can make investors rich in the long term. But there are many stocks which have given bumper returns to the investors in a short span of time. Those investing in these shares have made huge profits. One such stock belongs to the pharma sector giant Medico Remedies. This stock has given a bumper return of 441 per cent to the investors in less than a year. The stock still remains bullish. Investors are competing to buy this stock priced below Rs 90. Shares of Medico Remedies closed at Rs 87.92 on BSE on the last trading day. The total market cap of the company is Rs 729.60 crore.

Investors are happy, this company is going to give 7200% dividend, so far it has given a strong return of 7207%

Share reached record high

Shares of Medico Remedies were trading at the level of Rs 16.46 on August 4 in the last year i.e. 2022. This is the one year low for this stock. Since then, there has been a steady rise in the stock. In just nine months, this stock has given tremendous profits to the investors. On April 11, 2023, this share jumped 441 percent to reach the level of Rs.89. Investors are hopeful that the stock may see further gains in the coming times. Investors are in a mood to hold this stock for now.

Those who invested ₹ 1 lakh in the shares of this liquor company got full ₹ 50 lakh, is there still a chance?

2300 percent return given

Shares of Medico Remedies have given investors a bumper return of 2300% in the last three years. The stock has closed at Rs 87.92 on Thursday last. The stock is up 1.44 per cent as compared to a day earlier. The stock market was closed on Friday on account of Ambedkar Jayanti. Investors expect that on Monday, the first day of the trading week, the stock may see a boom.

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