Multibagger Stock: Revealing how to get rich from stock market investing, most of the time, big investors have said that one should try to hold the stock as long as possible. He recommends a ‘Buy, Sell and Forget’ strategy to a stable investor looking to make money from equities. To understand how a long term investor can benefit from one’s investment, we need to look at Dwarikesh Sugar shares. It is one of the multibagger stocks of the Indian stock market which has turned around. 1 lakh of its shareholders 54 lakhs in the last 10 years. The multibagger sugar stock has achieved this rally despite being under pressure for the last one year.
Dwarikesh Sugar Industries shares have been in base building mode since last one year but it is one of the stocks which came back strongly during post-Covid stock market rebound. In fact, Dwarikesh Sugar share has a history of giving excellent returns to its shareholders and this is one of the multibagger stock He indian stock market produced in the last few years. This multibagger sugar stock has gained all-around momentum over the past decade from 1.70 92 levels each, giving its shareholders more than 5,300 percent returns over this time.
Dwarikesh Sugar share price history
As mentioned above, this multibagger Chinese stock has been going through a selloff phase for almost a year now, but in the recent few weeks, the Chinese stock is trying to come out of its long base building mode. Dwarikesh Sugar’s stock has jumped all around in the last one month. since 84 92 each level, an increase of about 10 percent this time. In YTD time, this multibagger has slipped from Chinese stocks from 105.45 92 level in 2023 with a decline of 13 per cent. In the last six months, this sugar stock has gained over 3 per cent, while in the last one year, this multibagger sugar stock has declined by around 28 per cent. But, this multibagger stock has bounced around in the past five years. from 23.60 92 per share level, giving nearly 300 percent return to its shareholders.
Similarly in last 10 years this multibagger sugar stock has boomed from 1.70 92 per share level, rising over 5,300 percent during this time.
impact on investment
Taking cues from Dwarikesh Sugar share price history, if an investor had invested in 1 lakh in this multibagger sugar stock a month back, its becomes 1 lakh 1.10 lakh today. If an investor had invested 1 lakh in this Chinese stock at the beginning of 2023, its becomes 1 lakh 87,000 whereas in the last six months, any becomes 1 lakh 1.03 lakh today. If an investor had invested 1 lakh in this multibagger stock, one becomes 1 lakh 72,000 today.
Similarly, if an investor had invested 1 lakh share in Dwarikesh Sugar five years back becomes 1 lakh 4 lakhs today. Similarly if an investor had invested 1 lakh in this multibagger stock 10 years back, its becomes 1 lakh 54 lakhs today.
scissors of Dwarikesh Sugar Industries Ltd. are available for trading on both NSE and BSE, It ended Friday with a trading volume of over 10.50 Lakhs while its 20 days average trading volume is over 15.72 Lakhs. Shares of Dwarikesh Sugar on Friday market cap Of 1,724 crores. It has a 52 week high 132.90 while it has a 52-week low 75 each.
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