Multibagger Stock: A good number of stocks have given multibagger returns to their shareholders, following the Covid-19 sell-off in the stock market. Some penny stocks are also included in this list of multibagger stocks. Shares of Brightcom Group Multibaggers are one of the penny stocks in 2021. This money has grown out of stock Near 6 each level to The level of 114 in the last one year, is giving almost 1800 percent return to its shareholders.
Brightcom Group Share Price History
Over the past one month, this multibagger penny stock has been trading lower due to negative sentiments in the global equity markets. This stock has crashed in the past month 177 to 114 level, a drop of about 35 percent over the period. Over the past 6 months, this penny stock . has grown from from 35.50 114 levels, an increase of 220 percent this time. In year-over-year (YTD) time, Brightcom Group’s share price is down 33 percent.
However, Brightcom Group’s share price was closed at 6.08 each level on 26 February 2021 while it closed at On March 2, 2022 at the level of 113.85. So, in about a year, this multibagger stock is . has gone above since 6.08 113.85 level, an increase of about 1800 percent in about a year’s time.
1 lakh turns into 19 lakh in a year
Taking cues from Brightcom Group’s share price history, if an investor had invested in this multibagger stock a month ago, then its would have turned into 1 lakh 65 lakhs while it would have been 67 lakhs in YTD time. If an investor had invested 1 lakh in this multibagger penny stock 6 months ago, its would have turned into 1 lakh 3.20 lakh today. Similarly, if an investor had invested in this stock almost a year ago, then by buying one share 6.08 level and during the period it was invested, its would have turned into 1 lakh 19 lakh today.
Brightcom Group Bonus Shares
Brightcom Group has announced 2:3 bonus shares to its shareholders and the record date for approval of bonus shares is 16 March 2022.
“Please note that the Company has decided to set Wednesday, March 16, 2022, as the record date in order to determine the eligibility of shareholders entitled to issue bonus shares,” Brighton Group said regarding the bonus shares in its exchange communication. The proposed equity bonus will be issued in the ratio of 2:3 (two equity shares for every three equity shares held by the members), as decided by the Board of Directors of the company in its meeting held on 25th January, 2022. was recommended subject to approval.”
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