Multibagger Stock: Patience is one of the most important qualities for stock market investors as money is not in buying and selling stocks but in waiting. Avanti Feeds shares are a prime example of this. There has been a jump in the share price of this Hyderabad based company on NSE 1.63 (Close price on NSE as on Jan 8, 2010 to 550.05 (close price on NSE as on 30th December 2021), rose nearly 33,650 per cent in almost 12 years’ time.
Avanti Feeds Share Price History
In the past one month, this multibagger stock has gained almost . has grown from from 525 550, registering a growth of about 5 per cent over the period. In the last 6 months, the share price of Avanti Feeds has increased from 545.85 550.05, rising by less than 1 percent in this period. The stock has remained sideways in the last one year also and is giving returns of around 5 per cent to its shareholders. But, in the last 5 years, the multibagger share price has almost moved northwards. 175 to 550, appreciating around 210 per cent in the period. Similarly, over the last 10 years, the share price of Avanti Feeds has increased from 8.18 At the level of 5550.05, a growth of about 6600 percent was registered during this period.
Similarly, over the past 12 years, this multibagger penny stock has boomed. since 1.63 550 per share level, registering an increase of almost 337 times over the period.
impact on investment
Taking cues from the share price history of Avanti Feeds, if an investor had invested 1 lakh in this multibagger stock a month ago, its would have turned into 1 lakh 1.05 lakh today. If an investor had invested 5 years ago, 1 lakh was installed in this counter and till today, its 1 lakh would have been up 3.10 lakh today. Similarly, if an investor had invested 1 lakh in this multibagger penny stock 10 years ago, its would have turned into 1 lakh 56.50 lakh today.
Similarly, if an investor had invested 1 lakh in this multibagger penny stock 12 years ago, buy one Avanti Feeds share 1.63 per share level, its would have turned into 1 lakh 3.37 crores today.
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