Multibagger Stock: If you have a plan to invest money in any stock or if you are also thinking of investing in the stock market (multibagger stocks for 2022) in the coming days, then today we will tell you about a stock that has gained a lot of interest among investors. Lakhs of rupees have been converted into crores. Apart from penny stocks in the stock market, large cap stocks have also given bumper returns. Today we will tell you about a firm doing business in the industrial market, whose share price has increased from Rs 93 to Rs 41,898.
HAIL is debt free at present
Honeywell Automation India Limited (HAIL) is a Fortune India 500 firm and a market leader in offering Integrated Automation and Software Solutions including Process Solutions and Building Solutions. The company serves customers around the world in the areas of sensing and control, environment and control as well as engineering services. HAIL shares are a good example of multibagger shares… This stock has converted 1 lakh investors into Rs 4.5 crores in last 23 years. According to data from Value Research, the status of Honeywell Automation India Limited is debt-free (debt-free multibagger stock).
The company’s stock closed with a fall today
The stock of the company has closed at the level of 41,898 today on NSE. After today’s trading session, the company’s stock has slipped 2.60 percent and closed. The stock was priced at Rs 93 on January 1, 1999, and since then the company’s stock has given investors a return of 44,951.61 per cent. In the last 23 years, the company’s stock has made investors millionaires.
Investors became millionaires in last 23 years
If an investor had invested 1 lakh in the shares of this company 23 years ago, then his money would have become 4.50 crore today. In the last 5 years i.e. on 1st September 2017, the company’s stock was at the level of 13,334,05. In the last 5 years, the company’s stock has given a return of 214.22 percent to the investors.
What is the return given in one year?
If we look at the chart of the last one year, then during this time investors have seen an increase of about 7.16 percent in the stock. The company’s stock has increased by Rs 2,800.90 in the last one year. At the same time, if we look at the YTD time, then during this period there is a decline of 1.43 percent in the stock price.
How much did investors profit in 6 months?
Apart from this, the stock of the company has given a return of 3.09 percent to the investors in the last 6 months. During this time this stock has increased by Rs 1,255.40. At the same time, in the last one month, the stock of the company has seen an increase of 11.35 percent i.e. Rs 4,271.65. Apart from this, the stock of the company has increased by 3.85 percent i.e. Rs 1,552.00 in the last 5 days.
(Disclaimer: The performance information given here is not investment advice only. Investing in the stock market is subject to risks and please consult your advisor before investing.)
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