Multibagger Stock: Astral shares remained in base building mode throughout the year. However, as the new year enters 2022, the stock has become the favorite ‘Sell on Rise’ stock of the bears. But for long-term investors, the stock has delivered stupendous returns to its shareholders despite a steep fall in the past one year. Over the past 10 years, Astral share price has grown by 25.75 to At 1632.60 levels on the NSE, it registered a growth of over 6,000 per cent during the period.
Astral Share Price History
as mentioned above, astral share Base is in building mode since last one year. In the past month, the Astral share price was . has gone down from from 1712 1632 levels, a decline of about 5 percent was recorded in this period. In YTD time, Astral has moved below the share price from 2332 1632 levels, a decline of about 30 percent in this period. Over the past 6 months, this stock . has gone down from from 2265 1632 level, a drop of about 28 percent over the period. However, in the past year, the Astral share price has gone down from approx. since 1950 1632 levels, a decline of about 16 percent over the period.
However, the stock has given multibagger returns to its shareholders in the last 5 years. In the past 5 years, the Astral share price has risen by approx. from 415 1632 levels, an increase of about 290 per cent over the period or a CAGR of around 31.50 per cent for its loyal shareholders, who remained invested in the stock during the period.
Similarly, in the last 10 years, this multibagger stock has climbed from approx. 25.75 to 1632.60 each level on NSE, registering a growth of around 6,000 per cent over the period or 51.43 per cent CAGR (Compound Average Growth Rate) or annual return to its shareholders who remained invested in Astral shares in the last 10 years.
Multibagger Stock: 1 lakh turns into 63 lakh in 10 years
So, if an investor had invested 1 lakh in this multibagger stock 10 years ago and invested in this stock during this period, its would have exceeded 1 lakh 63 lakhs today.
The current market capitalization of Astral shares is 32,837 crores. Its trade volume on Tuesday was around 3 lakhs, which is slightly higher than the last 20 days average trade volume of around 2.95 lakhs. Astral shares hit 52-week high on NSE 2524.95 while its 52-week low is . Is 1601.55 per share.