Multibagger Penny Stocks: Nibe shares listed on BSE are one of the multibagger stocks which have given tremendous returns after the post-Covid-19 selloff in the market. This defense stock has jumped from all sides from 12 391 level in the last three years, giving a return of nearly 3,150 per cent to its long-term shareholders. During this boom, the penny stock became a multibagger penny stock in three years.
nibe share price history
After climbing to its all-time high in January 2023, this small-cap multibagger stock has been under the profit booking zone. It has lost around 10 per cent in the last one month while it has given multibagger returns to its shareholders in the last six months. In last six months, it has risen from small-cap stocks from 175 391 each level, an increase of nearly 125 percent over the period. This defense stock has gained all-around in the last one year since 50 391 each level, currently climbing about 675 percent to Horizon.
Similarly, in the last three years, in this defense part, about 12 391 per share level, rising to over 32.50 during the period.
Similarly, over the past 5 years, this penny stock has traded from 7.10 to 391 level each, climbing nearly 5,500 percent in this time.
impact on investment
Taking inspiration from Nibe share price history if an investor had invested 1 lakh in this stock a month back, its 1 lakh will be 90,000 today. If the investor had invested 1 lakh in this multibagger penny stock six months back, its must have tuned 1 lakh 2.25 lakhs today. Similarly, if an investor had invested 1 lakh in this multibagger defense stock a year ago, it would have become Rs 1 lakh 7.75 lakhs today. Similarly if an investor had invested 1 lakh in this penny defense stock three years back, its becomes 1 lakh 32.50 lakhs today.
Similarly if an investor had invested 1 lakh in this stock 5 years back, its becomes 1 lakh 56 lakhs today. Provided the investor has remained invested in the penny stock during the period mentioned above.
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This multibagger stock is listed BSE and its current market cap is 408 crores. Its current trading volume is 11,308 with about three hours of trading remaining in the Wednesday session. This is a 52-week low for the multibagger penny stock 41.65 while its 52 week high 564.90 each.
The stock stands at a PE multiple of 74.50, which is much higher than the sector PE of 24.80.
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