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Crorepati Stocks- Those people earn big money in the stock market, who are patient and invest for the long term. The list of ‘crorepati shares’ of brokerage firm CLSA is a living example of this. The brokerage has told about ten such stocks, which have taken Rs 10,000 from Rs 1.35 crore to Rs 19 crore in just 28 years.
According to the brokerage report, these shares have jumped from 1,35,000% to 19,00,000%, that is, they have given astonishing returns ranging from 1,350 times to 19,000 times. CLSA joked that he wished he had a time machine so he could have bought these stocks in 1998. The outlook of brokerage houses on these “millionaire stocks” is still largely positive.
Westlife Foodworks shares have given the highest returns. In 1998, its price was Rs 0.03, which has now increased to Rs 575. Name of Yani comes, which gave 19,17,039% return in 28 years. This multibagger share has turned Rs 10,000 into Rs 19.17 crore in 28 years.
Havells India and Eicher Motors have also made a lot of money in the last 28 years. Havells has given 6,58,600% return and Eicher Motors has given 4,81,000% return during this period. With these returns, Rs 10,000 converted into Rs 6.59 crore and Rs 4.81 crore respectively.
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The names of Bajaj Finance and Kotak Mahindra Bank are also included in the list of stocks that make millionaires. Bajaj Finance has given an excellent return of 4,10,131% and Kotak Mahindra Bank has given an excellent return of 2,37,303% in the last 28 years. Due to his strong performance, Rs 10,000 increased manifold into crores.
Samvardhana Motherson shares have also generated a lot of money in the last 28 years. The price of this share has increased by 2,22,327% during this period. Similarly, the price of Bharat Electronics share has increased by 1,65,600%). This means that if someone had invested Rs 10,000 in these two shares 28 years ago, now he is getting more than Rs 1 crore.
The name of Titan Company is also included in the list of stocks that make millionaires. Titan Company share price has increased by 1,47,119% since 1998. Similarly, Shree Cement shares have also given a return of 1,43,957%.
Manappuram Finance has given 1,35,225% returns in the last 28 years. This means that the person who invested Rs 10,000 in this multibagger share in 1998 is a millionaire today.
(Disclaimer: The stocks mentioned here are based on the advice of brokerage houses. If you want to invest money in any of these, then first consult a certified investment advisor. AyraNews24x7 will not be responsible for any profit or loss of yours.)
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