Stock of Godavari Power & Ispat made investors rich! Made 8 lakhs from 1 lakh in 3 years, gave such a strong return

New Delhi: There are many stocks in the stock market which have given bumper returns to the investors. At the same time, there are some stocks in which investors have suffered losses. It is also important to have patience while investing in the stock market. If you invest in stocks at the right time, you are sure to get strong returns. Today we are going to tell you about one such stock which has made investors rich. This stock has given good returns to the investors continuously for the last three years. Investors are hopeful that this stock can give better returns in the coming times. Let us tell you about this stock.

made investors millionaires
This stock, which has made investors rich, belongs to Godavari Power and Ispat (GPIL). It (Godawari Power & Ispat) is a flagship company of Raipur based Heera Group. This stock has given excellent returns to the investors. If someone had invested Rs 1 lakh in this stock (Godawari Power & Ispat) three years ago, he would have got Rs 8 lakh today. On Tuesday i.e. 22 November 2022, the price of this stock is running around Rs.302. Talking about three years ago, this stock was around Rs.36. On Monday, shares of GPIL had closed at Rs 312.15. The stock had hit an intraday high of Rs 323.80, up by Rs 39.30 or 14.40%, on the BSE. The stock (Godawari Power & Ispat) had registered a gain of at least 18.67% during the day.

This stock is running like a rocket! Reached a record high of 115% in 6 months, gave such strong returns
company making profit
The market capitalization of GPIL at the current closing price is around Rs 4,399.60 crore. And at the current market price, GPIL’s dividend yield is over 3.5 per cent. In FY22 alone, GPIL has paid a dividend of 220 per cent to its investors at Rs 11 per equity share. This stock has given good profit in last three years. As compared to the level on November 21 last year when it was around Rs 129 per share. The stock has gained a whopping 141.86 per cent so far.

Multibagger Stock: This stock made investors rich in just one year! Gave a strong return of more than 300%
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Take the help of your financial advisor before investing in the stock market. Investing in any stock without consulting a financial advisor can lead to financial loss.