If someone had invested Rs 1 lakh in Bajaj Finance stock 20 years ago, today he would have got around Rs 32 crore, this stock has given great returns to the investors

New Delhi: It is very important to invest money in the right stocks in the stock market. Along with this, you should also have patience. Those who do this, their money goes on increasing rapidly. Many investors have made huge profits in the stock market itself. At the same time, those who did not take the right stock have also suffered losses. Today we are going to tell you about one such stock, which has made investors rich. If someone had invested 1 lakh rupees in this stock 20 years ago, then today his one lakh rupees would have been 32 crores. Let us tell you about this stock.

Shares of this company
The stock we are talking about is a share of Bajaj Finance. This financial company of Bajaj Group has given bonus shares in the ratio of 1:1 in September 2016. In the post-Covid rally, the share price of Bajaj Finance has given a spectacular jump, entering the list of multibagger stocks in India. From May 2020 till now, the share price of Bajaj Finance had increased from around Rs 1950 to a level of Rs 7,344. The stock has given returns of around 275 per cent in the last two years.

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Bajaj Finance share gave profit in this way
Over the past one year, Bajaj Finance shares have been one of the few Indian stocks that have given good returns to their shareholders in the post-Covid stock market rebound. Despite giving zero returns in the last one year, it is one of the multibagger stocks in India as it has given around 275 per cent returns to its shareholders in the last two years. Over the past 10 years, this financial stock has risen from around Rs 120 to 7344 levels, giving a return of 6,000 per cent to its long-term position investors. Similarly, over the past twenty years, the share price of Bajaj Finance has risen from around Rs 4.50 per share to Rs 7344 per share level, giving returns of around 1,63,100 per cent to its long-term shareholders.

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If you invest like this, you would have been the owner of crores.
If an investor had invested 1 lakh in the shares of Bajaj Finance about 20 years ago, he would have got 22,222 shares of the company. But, because of the 1:1 bonus shares, this shareholding would have doubled to 44,444 without any further investments. At present, the share price of Bajaj Finance is Rs 7,344 per share, if someone had invested 1 lakh today, then today its value would have increased to about Rs 32.64 crore.

Make sure to talk to a financial advisor
Before buying any stock, you must talk to your financial advisor. Buying any stock without knowing it can hurt you financially.