Multibagger stock: Bet on 20 rupees share, one lakh became 8 lakh rupees in a year

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Share Trading at a firm in Kolkata on the Budget presentation day on February 01, 2017. Sensex soared by nearly 500 points with infusing Rs. 10,000 crore in public sector banks and keeping the long-term capital gains tax unchanged for the capital markets. Express photo by Partha Paul. 01.02.2017.

There are many such companies in the stock market, whose investors have got tremendous returns during the Corona period. These companies also include realty firm Arihant Superstructures. What is the return: Arihant Superstructure has given returns of more than 700 per cent to its investors in the last one year. The price of this share on the BSE index was around Rs 20 in October 2020, which has also increased to Rs 189. The company’s share price was Rs 174.10 at the close of the stock market on Tuesday. It has gained 5.16 percent compared to a day earlier. The market capital of the company is Rs 716.60 crores. This company has given a return of 51 per cent on Nifty 50 in the last one year.

Understand amount wise: If an investor had invested Rs 1 lakh in Arihant Superstructures stock a year ago, his amount would have crossed Rs 8 lakh. Let us tell you that Arihant Superstructures is a smallcap real estate company, whose main focus is on construction of affordable homes. Its headquarter is in Mumbai. This company has completed the construction of 10 thousand houses so far and about 12,000 houses are under construction. The firm has worked on about 60 projects in the last two decades.

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