Multibagger Stock: This stock gave such a strong return to investors, those who invested ₹ 1 lakh got ₹ 50 lakh – shares of global capital markets gave a bumper return of 400% to the investors
made investors rich
The name of the stock we are talking about is Global Capital Market. In November 2007, the company’s share price was Rs 6.50 on BSE. After this the shares of the company were divided into 10 parts. Since then, the fortunes of the investors in this stock have changed. This stock has consistently given excellent returns to the investors. This stock has so far given bumper returns of up to 400 per cent to the investors. Right now the share price is running around Rs.32.
In this way those who invest one lakh get 50 lakhs.
If an investor had invested ₹1 lakh in this small-cap stock in November 2007, he would have got around 15,384 shares. After the 1:10 stock split in 2010, the investor’s shareholding would have increased to 1,53,840 as one share was sub-divided into 10 shares. If you look at the stock market now, on Tuesday, the share price of Global Capital Markets was ₹ 32.80 per share on BSE. So ₹1 lakh invested 1 year back in November 2007 would have grown to ₹50,45,952 or approximately ₹50 lakh.