Multibagger Stock: Synthetic thread making company made investors millionaires, bumper bounce again in shares – multibagger stock filetex india share price surged 773 percent
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This is how investors became millionaires
Those who invested in Philatex India shares for long term have become millionaires today. On 12 April 2002, the shares of Philatex India were trading at just 25 paise. Last year i.e. in December of 2022, this share was split in the ratio of 1:2. At present, the shares of the company are trading at Rs.35.06. In the last 21 years, the price of the company’s shares has increased by 12540 percent. In such a situation, if someone had invested even 80 thousand rupees in this share, he would have become a millionaire today. Last year on April 12, the company’s stock had made its new high of Rs 69.20. After this, there was a decline in the shares.
Shares may come and bounce
According to experts, Philatex India shares may see further upside in the coming times. Investors are still holding the shares. If there is a further rise in the stock, then those investing for short term can also make bumper profits. However, before investing in any stock, you must talk to your financial advisor once. Investing in any stock without consulting a financial advisor can result in financial losses.
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