Home PENNY STOCK ₹11 Multibagger penny stock gives 1100% return – A Real Jackpot

₹11 Multibagger penny stock gives 1100% return – A Real Jackpot

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₹11  Multibagger penny stock gives 1100% return - A Real Jackpot

 American millionaire Charlie Munger famously claimed that money is not made by buying and selling stocks but rather by waiting, which is why one should not sell equities during speculative crazes. His success philosophy works wonderfully for Shri Keshav Cements. And Infra shares, a small-cap company that has increased in value over the past ten years from about 11 to 120 per share, have given positional investors a return of 1100 percent. The company has been in a sideways trend for the past month, but year to date (YTD) trading has seen it double shareholders’ funds by generating more than 100% returns in 2022.

History of share prices for Shri Keshav Cements

The BSE-listed stock has been trading sideways for the last month, but during the past six months, it has increased from about 108 to 120 per share, generating a return of about 12%. This multibagger small-cap company has increased from from $60 to $120 per share YTD, more than doubling investors’ money in less than a year. This small-cap company has increased from 51 to 120 per share during the past year, giving long-term investors a return of more than 135%. But during the past five years, this small-cap company has formed a U curve, shedding more than 15% of its value. But in the past ten years, this stock has increased from values around 11 to 120 per share, rising by 1100% in that period. In other words, we may claim that during the past ten years, penny stocks have evolved into multibagger penny stocks.

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