Multibagger Stock: This Chavanni stock did wonders, had invested ₹ 1 lakh and got ₹ 57 lakh, stock running at a stormy pace – shares of global capital markets gave 57 times bumper return to investors

53 paise share became Rs 33

The name of the stock we are talking about is Global Capital Markets Ltd. This share was 33 paise three years ago i.e. in 2020. At the same time, its price has gone up to more than Rs.33. The stock is seeing a steady rise. The company had announced the issue of bonus shares in the meeting held on March 17. Under this, eligible investors will be given 6 bonus shares for every 10 shares with a face value of Re 1.

Those who invested ₹ 1 lakh in this Adani stock got full ₹ 3 crore, is this stock included in your portfolio

This is how one lakh became 57 lakhs

The price of one share of Global Capital Markets Ltd was 53 paise in the year 2020. Whereas today i.e. on March 21, 2023, the shares of the company are trading at Rs.33.43. If someone would have invested one lakh rupees in this stock three years back. Had this investment been held for the long term, today its amount would have increased to Rs 57 lakh. Explain that this is a non-banking financial company (Global Capital Markets Ltd). According to the company, promoter holding stood at 5 per cent as of Q3FY23, while public holding stood at 95 per cent.