₹4 to ₹102: The penny stock becomes a multibagger. Gives 2500% return in a year

Multibagger Stock: In FY 2022, the Indian stock market has distributed more than 190 multibagger stocks. Shares of digital marketing company Brightcom Group is the top performer among these 190 multibagger stocks as it has risen from approx. from 4 The level of 102 in the last one year or in FY22, registering a growth of about 2500 per cent in this period. This Multibagger Penny stock has been trading in upper circuit since last 5 trade sessions.

Brightcom Group Share Price History

In the last one month this multibagger stock has grown around 65 to At 102 level, appreciating around 55 per cent. However, after the start of the new year 2022, this multibagger penny stock is in the consolidation phase and has given zero returns in year-to-date (YTD) time. Over the past 6 months, this digital stock has grown from approx. from 38.50 102 level, an increase of 165 percent over the period.

However, the stock has surged over the past year. from 3.94 102.40 levels, registering an increase of about 2500 per cent during this period.

becomes 1 lakh 26 lakh in a year

Taking cues from Brightcom Group’s share price history, if an investor had invested 1 lakh in this stock a month ago, its would have been 1 lakh 1.55 lakh today. Similarly, if an investor had invested 1 lakh in this multibagger stock 6 months ago, its would have turned into 1 lakh 2.65 lakhs today.

Similarly, if an investor had invested 1 lakh in this multibagger penny stock a year ago, and was invested in scrip during this period, its would have turned into 1 lakh 26 lakhs today.

Recently, Brightcom Group’s stock was in the news after its board announced bonus shares. In the month of January, Brightcom Group’s board of directors had recommended a bonus ratio of 2:3. The record date for ascertaining the eligibility of shareholders entitled to issue bonus shares was fixed as March 16, 2022.

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