Multibagger Stock: Patience is one of the most important qualities for stock market investors. According to ace investors, while choosing a value pick, one should look at the business model of the company and the growth outlook of the industry. And after getting a positive answer on both of these, one should keep the buy hold and forget the strategy because by investing for a long time, the investor gets compound returns on his investment. The brightest example of how patience pays off in investing in the stock market are the shares of Aarti Industries. It’s Raised From Multibagger Stock ₹11.90 each (Closing Price on 30 September 2011 on NSE) to ₹945 per share level today (9:25 a.m.) – rising nearly 80 times in a decade.
Aarti Industries Share Price History
As per Aarti Industries share price history, it is above Multibagger stock. ₹658.73 per piece ₹945 in the last six months – an increase of about 42 percent over the period. Chemicals stock rises above 507.48 per equity share level ₹945 per stock level – about 85 percent logging in this time horizon. Similarly, this Multibagger stock rose above 155.16 level. ₹945 in the last 5 years – a nearly 500 percent return for its shareholders in this period, while in the last 10 years, this chemical stock went north ₹11.90 in per ₹945 levels – rising almost 80 times in this period.
impact on investment
Taking cues from Aarti Industries share price history if an investor had invested ₹1 lakh in this chemical stock six months ago, its ₹would have turned into 1 lakh ₹1.42 lakh whereas if the investor had invested ₹1 lakh in this stock a year ago, its ₹would have turned into 1 lakh ₹1.85 lakh today. Similarly, if the investor had invested ₹1 lakh in the shares of Aarti Industries 5 years ago, its ₹would have been 1 lakh ₹6 lakhs today.
Similarly, if an investor had invested ₹10 years ago in this counter 1 lakh on NSE at the close price of 30 September 2011, then its ₹would have turned into 1 lakh ₹80 lakhs today, provided the investor remains invested in this stock during this period.
Aarti Industries Share Price Outlook
However, the stock is under selling pressure since last one month and stock experts are of the opinion that it is ideal to buy this multibagger stock at current levels as it is still above breakout. ₹900 per.
Advice to investors to buy Aarti Industries shares at current market price; Ravi Singh, Head of Research and Vice President, Share India said, “The share price of Aarti Industries had given a breakout. ₹200 and it has remained above this level for a long time. Therefore, the current decline should be viewed as an opportunity to buy this counter for the target of ₹Maintaining Stop Loss at 980 ₹900 level.”
Disclaimer: The views and recommendations given above are those of individual analysts or broking companies and not of Mint.
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