Multibagger stocks: The process of decline in the Indian stock market continues continuously. On Thursday, there is a lot of ups and downs in the market. Today, the Sensex, which reached 74,834.09 points in early trade, had come to 74,556.41 points at one time. There are many such shares in this era of recession in the stock market, in which tremendous purchases are being seen amidst selling pressure. Today we will learn about a share here, which made investors a millionaire in the last few years. Yes, we are talking about shares of Hitachi Energy India.
1 lakh rupees made 7.87 crore rupees
Hitachi Energy India shares, which closed at a price of Rs 11,824.10 on Tuesday, opened a slight decline today with a slight decline at Rs 11,819.85. You will be surprised to know that about 5 years ago, the price of this stock was only 15 rupees. That is, this stock has given a shape of 78,566 percent to its investors in the last 5 years. The company’s shares have increased the assets of investors by 787 times in 5 years. If an investor had invested Rs 1 lakh in the shares of Hitachi Energy India at the rate of Rs 15 5 years ago, then his Rs 1 lakh would have become Rs 7.87 crore today.
A major decline is seen in the company’s shares on Thursday
However, today the company’s shares are seeing tremendous fluctuations. By 01.50 pm on Thursday, the shares of the company were trading at a price of Rs 11,525.00 with a large decline of Rs 299.10 (2.53%) on BSE. Let us tell you that Hitachi Energy India shares have 52 weeks high 16,534.50 rupees while its 52 week is 5811.00 rupees. From this, it can be clearly guessed from where the company’s shares have traveled from where they have traveled in a gap of just 52 weeks. According to BSE data, the company’s current market cap is Rs 48,753.12 crore.
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