Multibagger Stock: If we look at the movement of Punawala Fincorp stock, the market cap of the company is Rs 20,200 crore. The stock has a 52-week high of Rs 302.90 and a 52-week low of Rs 55.60.
Multibagger StockIn 2021, we saw many multibagger penny stocks in the market. Many penny stocks have proved to be multibaggers in the second wave of market rise after Covid-19 and have enriched their investors. Adar Punawala Pune-based NBFC company Punawalla Fincorp is a stock listed on the Indian secondary market that has enriched its investors with multibagger returns in a short span of 20 months.
Shares of Punawalla Fincorp closed at Rs 16.40 on the NSE on June 5, 2022 and closed at Rs 264.80 on the NSE on February 4, 2022. This means that in just 20 months, the stock of this NBFC has risen 1700 percent.
Looking at the share price history of Punawalla Fincorp, this multibagger stock has risen from Rs 228.40 to Rs 264.80 in the last one month. During this time, the stock has returned 16 percent to its investors. At the same time, this NBFC stock has risen 60 percent in 6 months. So far this year, this multibagger stock has risen from Rs 220.75 to Rs 264.80, meaning that in 2022, the stock has risen 20 percent so far.
Included in Rakesh Jhunjhunwala’s portfolio, this multibagger stock has hit the upper circuit in 5 consecutive trading sessions, find out what the experts think.
In the last 1 year, this multibagger stock has increased from Rs 60 to Rs 264.80. During this time it has returned 350 percent. At the same time, between June 5, 2020 and February 4, 2022, the stock increased from Rs 14.60 to Rs 264.80. The stock has risen 18 times in these 20 months.
If an investor had invested Rs 1 lakh in this stock 1 month ago, he would have got Rs 1.16 lakh today. On the other hand, if an investor had invested Rs. Will get
Similarly, if an investor had invested Rs 1 lakh at Rs 14.60 in this multibagger stock 20 months ago, he would have got Rs 18 lakh today.
If we look at the movement of Punawalla Fincorp stock, the market cap of the company is Rs 20,200 crore. The stock has a 52-week high of Rs 302.90 and a 52-week low of Rs 55.60.