- Market means risk .. Profits and losses are very natural
- Some stocks have made investors collectively billionaires
- Balaji Amines stock is also one of the multibagger shares
- The stock has given huge returns to investors .. Rs 1 lakh crore
There are many examples of this. Warren Buffett, Rakesh Jhunjhunwala Many have become rich through the stock market. Those who want to invest in the market need to keep one thing in mind. Must have patience. Warren Buffon once said that if you don’t hold the stock for at least ten years, you should not even think about that stock for ten minutes.
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That is why those who enter the market should pursue investments with a long-term goal. Balaji Amines stock is a good example of this. The stock has rallied 12,800 percent in 15 years. On April 5, 2007, the chemical stock price was at Rs. Now the share price has rallied to the level of Rs.3638.
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The share price rose to Rs 3,638 from Rs 3,220 in the previous month. Gave a return of almost 13 per cent. During the six-month period, however, it rose from Rs 2,904 to Rs 3,638. I.e. scored 25 per cent. The share price has risen from Rs.1163 to Rs.3638 during the last one year. 212 percent scored. Similarly, the share price has risen from Rs 343 to Rs 3638 over a five-year period. 958 per cent rallied. Also, over a period of 15 years, the share price of this multibagger has gone up from Rs 28 to Rs 3638. Gave 12800 per cent return.
That means if you had put Rs 1 lakh in Balaji Amines share a month ago .. now it would be Rs 1.13 lakh. If he had invested Rs 1 lakh six months ago, now he would have got Rs 1.25 lakh. During the same year, however, the investment of Rs 1 lakh turned out to be Rs 3.12 lakh. Also, if you look at the period of five years .. Rs lakh .. Rs 10.58 lakh would have been. If you look at the period of 15 years .. Rs lakh .. Rs 1.28 crore that you put.