Multibagger Penny Stock: After the first wave of Covid-19 in the market, a handful of stocks have become multibagger stocks in the Indian stock market. Some penny stocks are also included in this list of multibagger stocks. Gopala Polyplast is one such multibagger penny stock which has grown from ₹from 4.45 ₹At the level of 998.45 per share in the last one year, it registered a return of around 22,300 per cent during this period.
Gopala Polyplast Share Price History
This 2021 multibagger stock has hit the 5 per cent lower circuit today and the stock has not seen any buyers since last 5 trading sessions. The stock is down 18.50 per cent after falling from close in the past week ₹1225 per share level. However, this multibagger penny stock has rallied in the past one month. ₹from 535.10 ₹998.45 per share level – a growth of about 86 percent over the period.
Over the past 6 months, this penny stock . has grown from ₹from 14.75 ₹998.45 per share level – giving a move up of around 6,670 percent. Year-on-year i.e. in 2021, this penny stock moved north ₹8.26 each level to ₹998.45 per share level – is giving returns of around 12,000 percent to its shareholders in this period.
Similarly, in the past one year, Gopala Polyplast share price appreciated ₹4.45 per share level to ₹998.45 per stock mark – growing almost 224 times in just one year.
impact on investment
Taking cues from Gopala Polyplast share price history, if an investor had invested ₹1 lakh in this penny stock a month ago, its ₹would have turned into 1 lakh ₹1.86 lakh today. If the investor had invested ₹1 lakh in this multibagger stock 6 months ago, and the investor was investing in this stock till date, its ₹would have turned into 1 lakh ₹67.67 lakhs today. Similarly, if an investor had invested ₹1 lakh in this stock ₹8.26 each level at the beginning of 2021, its ₹would have turned into 1 lakh ₹1.21 crores today.
Similarly, if the investor had invested ₹In this multibagger penny stock 1 million were buying shares of the company a year ago ₹4.45 each, and during the period invested in this counter, its ₹would have turned into 1 lakh ₹2.24 crore today.
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