Multibagger Adani stock gives 183% CAGR in 4 years. ₹1 lakh becomes ₹64 lakh

Multibagger Stock: Shares of Adani Green Energy are one of the multibagger stocks that the Indian stock market has produced in the last one year. This has become possible despite the global economy battling the heat of the Kovid-19 pandemic. on after closing At 882 levels as on 30 July 2021, this Multibagger stock of Adani Group was . closed on 1899 at the level per share as on 29 June 2022, is giving more than 100 percent return to its shareholders.

However, this is not the first time that this Adani Group stock has given stellar returns to its shareholders. This stock has a history of giving good returns to its investors. Over the past four years, Adani Green share price has appreciated by 29.45 each level to 1899 points, provides 6,350 percent return to its investors.

Adani Green Share Price History

In the last one month, adani green share price remains sideways adding over half a cent while YTD in time, this multibagger stock has risen from approx. from 1345 From 1899 levels, a jump of nearly 40 percent in 2022. Over the past six months, this stock . has grown from from 1330 1899, an increase of close to 43 percent was recorded in this time horizon. This stock of Adani has jumped in the last one year from 1125 1899 levels, this time saw an increase of 70 percent. In the past two years, the Adani Green share price has risen from approx. from 1165 1899 level, giving a CAGR (compound average growth rate) of about 27.65 per cent over the period.

Similarly, over the past three years, the share price of Adani Green has risen from approx. from 400 1899 levels, registering a growth of 375 percent during this time giving a CAGR of about 68 percent. Similarly, in the last four years, it has moved above the multibagger stock. 29.45 each level to 1899 level, registering a growth of about 6350 percent in this four year time giving a CAGR of about 183 percent.

impact on investment

If an investor had invested 1 lakh in this stock a year ago, its would have turned into 1 lakh 1.70 lakh today while this would have turned into 1 lakh 1.65 lakh today. Similarly, if an investor had invested 1 lakh in this multibagger stock three years ago, its would have turned into 1 lakh 4.75 lakhs today. Similarly, in the last four years, would have exceeded 1 lakh 64 lakhs today.

subscribe to mint newspaper

, Enter a valid email

, Thank you for subscribing to our newsletter!