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highlights
Despite such rapid growth, the growth of this company remains strong.
On Thursday, the price rose by 5 percent and reached 1773.35.
On Friday, the price fell 1.8 percent to Rs 1,735.
New Delhi. There are some stocks in the stock market which give huge returns to their investors in a very short time. One such stock is from the energy sector which has given a return of 22 thousand percent in just 4 years. The shares of this company were priced at Rs 8 four years ago, which are now running above Rs 1,700. Despite such a rapid growth, the growth of this company remains strong and experts believe that this stock will continue to give strong returns in future also.
Actually, we are talking about KPI Green Energy. The shares of this company hit the upper circuit on Thursday and rose by 5 percent to reach the price of 1773.35. However, on Friday its price fell by 1.8 percent to Rs 1,735. Then this stock made its investors rich in 4 years. If someone had invested Rs 1 lakh in this company four years ago, its value today would have been Rs 2.20 crore.
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Seen everything from heaven to earth in a year
The highest level of 52 percent of the company’s shares was Rs 1895.95 and the lowest level was Rs 309. This shows how much variation has occurred in its stock throughout the year. If an investor had invested money after reaching the low level, then after reaching the high level, he would have made a profit of about Rs 1,600 from each share.
Gave tremendous returns in a year
KPI Green Energy has also performed tremendously in the last one year. During this period the company has given a return of 457 percent. The company’s shares were priced at Rs 318.77 on April 18, 2023, which rose to Rs 1773.35 on April 18, 2024. Even in 6 months, the company’s stock showed a jump of 207 percent. If we talk about the year 2024, there has been a jump of 86 percent in the company’s stock.
How will the next 4 years be?
Market experts and brokerage houses believe that the company’s stock price may increase more than 3 times in the next 4 years. According to an estimate, by the year 2028 the stock of this company can reach the price of Rs 5,523.34. If we look at it at the current price, there will be a profit of Rs 3,750 on each stock.
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Tag: business news in hindi, green Revolution, multibagger stock, Share Market, Share Market
first published : April 19, 2024, 7:37 pm IST
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