caplin point lab share, Awesome! Maximum of 25 paisa share, investor goods; 3500 rupees became 1 crore – caplin point share price this 25 paise multibagger stock made investors millionaires
How much did the share price increase?
Shares of Caplin Point Labs were available at a nominal price of just 25 paise on February 21, 2003, but have now touched Rs 726. That means the stock has returned investors around 2,900 times in about 20 years. In such a scenario, an investor who would have invested only Rs 3,500 relying on this stock two decades ago, now that investment would have increased to Rs 1 crore.
Share performance of pharma companies
Caplin Point Labs is a fully integrated pharma company with operations spread across African countries. This company manufactures ointments, creams. This pharmaceutical company started its business in 1990 and is headquartered in Chennai and listed in the market in 1994. The IPO of the company was well received by the investors.
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A look at this year’s performance
The company’s shares have been a profitable deal for long-term investors. At the beginning of the year 2022, the shares of this company saw a big jump. On January 6, 2022, its price touched a year high of Rs 888.45. But its stock value has fallen in recent times. In May 2022, the share price of the company fell to Rs 600 level, but later the stock started to recover and now it has crossed the Rs 700 level again to Rs 726.
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Ups and downs in five years
If we look at the ups and downs of the last five years, on December 22, 2017, the shares of Caplin Point Lab Company were at the level of Rs.638.25. On December 28, 2018, it fell to Rs 382. After that, on 20 December 2019, it fell to Rs 313.20 and on 20 March 2022, its price fell to just Rs 238. Following this, the company’s shares started to bounce back and hit a high of Rs 934 on 9 September 2021. And since then it has maintained its level with minor dips.
(Note: Consult a financial advisor before investing in the stock market)
