Multibagger Stock: Despite the pandemic pressure in the global economy, the Indian stock market has produced a good number of multibagger stocks. Rama shares one of the steel tubes. This multibagger stock is up from around from 60 The level of 378, over the last two years, gives a return of around 1135 per cent to its shareholders, who remained invested in the stock during this period.
Rama Steel Tubes share price history
In the last one month this multibagger stock is appreciated by from 343 378 at each level, registering a growth of more than 10 percent over the period. In the last 6 months, the share price of Rama Steel Tubes has risen by approx. 228 to 378 levels, seeing an increase of over 65 percent over this time horizon. During the YTD time, Rama Steel Tubes shares have risen from almost from 356 378, registering a growth of about 6 per cent over the period.
Similarly, in the past one year, this multibagger stock has appreciated all around from 94 378 level, an increase of 300 percent over the period. Similarly, the shares of Rama Steel Tubes have also jumped from around. 30.60 (Closing Price on 12 June 2020) to 378 on the NSE, is currently heading north at about 1175 percent of the time horizon.
impact on investment
Rama Steel Tubes price history if an investor had invested 1 lakh in this multibagger stock a month ago, its would have turned into 1 lakh 1.10 lakh per day. If an investor had invested 1 lakh in this multibagger stock 6 months ago, its 1 lakh today would have increased to 1.65 lakh. If an investor had invested 1 lakh in this stock a year ago, its would have turned into 1 lakh 4 lakh today
Similarly, if an investor had invested 1 lakh in this multibagger stock two years ago, its would have turned into 1 lakh 12.35 lakh today.
This multibagger stock ended the trading session on Thursday with a market cap of Rs. 631 cr and business volume close to 2.79 lac. Its average trade volume for the last 20 days is 94,369 while its book value per share is 75.42. The previous 52-week high of this multibagger stock is 454.30 while its 52-week low is 71.55 per share.