Multibagger Stock: If you put a million on these shares 5 years ago, now 4 crores!

There are many penny stocks that have given to investors in the stock market in a long time. Such Penny Stocks are Raj Ryan. The stock closed at 20.21 at the end of the stock on Tuesday.

Raj Ryan has rained the investors of shares in the last 5 years. Raj Ryan Industries Limited was established in 1993. It is engaged in the manufacture of polyester chips. The company’s list includes Trilobal, Cotrock, Fire Retardant and Octobal Yarn. It exports its products to many countries. It includes Brazil, Chile, Columbia, Egypt, Peru, Spain, Syria, Thailand and Vietnam.

Good return in 5 years

This stock has been providing outstanding returns to investors over the years. Current price price on NSE is Rs. 20.43 (on February 5 at 10.21 am). In the last five years, investors have increased by 39,960 percent. This means that the share price has now increased to 20 years ago, with only 5 money. If you invest Rs 1 lakh in these shares 5 years ago, it would have increased to Rs 4 crore.

Company income

The company rose 32.12 % on an annual basis. The company reported a defeat of Rs 3.48 crore in this quarter. It was Rs 0.29 crore in the same period last year. Police fell by 6.84 % respectively in the last quarter.

Stock market

On the other hand, US President Donald Trump has an impact on the stock market, including the decision. Donald Trump has announced 25 percent import duty on Canadian and Mexican products and 10 percent tariff on Chinese products. This has created a kind of uncertainty in the international market. However, the markets are recovering after the announcement of suspending tariffs on countries such as Mexico and Canada for a month.

Note: It is just about stock performance. Investment is not advice. Investment risk in stock market. Seek expert advice.