Especially the markets have multibagger stocks. These increase the share value many times in a short period of time. That’s why if you find these, you can get huge profits with them. One such multibagger stock made Rs 1.20 crore with an investment of Rs. But patience is important to earn profits in the market. This stock has given investors this much profit over 20 years. The reason for this is that the company has announced bonuses many times.
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So that stock is.. Container Corporation of India Limited (Container Corporation of India Limited). NSE Code: CONCOR. It is a public sector company. It is engaged in the field of transportation. Oversees the management of containers. During the last 20 years, the share price of this stock has reached the levels of Rs.25 to Rs.635. This has provided long-term shareholder returns of 2450 percent.
That means in this PSU stock less than 20 years ago Rs. If you invest 1 lakh, it would normally be Rs 25.50 lakh today. But as bonuses were given four times, their wealth together became Rs.1.20 crores.
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If we look at the bonus history of Container Corporation of India Limited, the bonus was announced for the first time on April 16, 2008. It is in 1:1 ratio which means that one share is equal to another share. On September 6, 2013, bonus in the ratio of 1:2 means that for every 2 shares, one more share has come. The bonus was announced for the third time on April 5, 2017, and for the fourth time on February 4, 2019. These two times in the ratio of 1:4 i.e. one additional share for every four shares. Investors celebrated with this.
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This is the effect of bonus shares.. Less than 20 years ago, Container Corporation of India’s share was at Rs.25. That means if you invest Rs. 1 lakh then you will get 4000 shares. First time 8000 shares with 1:1 bonus. Second time with 1:2 bonus i.e. one share for every two shares i.e. 4000 more shares. The total number of shares is 12000. Then for the third time 1:4 bonus means.. one for every four shares i.e. another 3000 shares. With this the total number of shares became 15000. Once again the number of shares increased to 18,750 with bonus in the ratio of 1:4. With this (18750X635= 1.19 crores approximately Rs. 1.20 crores) the investors’ wealth has become Rs. 1.20 crores.
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