Multibagger Stock Return 2023: Investors who have invested in the stock market can rejoice as we bring good news to them. Apar Industries Limited, a power sector stock, has yielded a significant return of 929% for its investors. The company’s share price has increased from Rs. 294 three years ago to Rs. 2,931.10 at present. If you are considering investing in this sector, Apar Industries Limited could be an excellent option.
Multibagger Stock Return 2023
In just three years, this power stock has transformed from Rs. 294 to Rs. 3,000, making it a multi-bagger investment. The stock has hit a record high today, making it a lucrative option for investors in the power sector.
1 lakh became 10 Lahks in 3 years
Let us tell you that in 3 years this stock has given investors a 929 percent return. On May 4, 2020, the company’s stock stood at Rs 294. If an investor invested Rs. 3 years ago in this stock. 1 lakh, his money would have been around Rs. 10.29 lakh would have been.
Over the past three years, Apar Industries Ltd’s shares have surged by 929%. This mid-cap stock, which was valued at Rs. 294.5 on May 4, 2020, has now reached an all-time high of Rs. 3031 on the BSE as of May 4, 2023.