Multibagger: This stock made rich by giving 16,000% return, made millionaire from millionaire in 20 years – Multibagger stocks AGI Greenpac turns 1 lakh into 1 6 crore in 20 years investors got 16000 returns

AGI Greenpac is one of the few companies in the stock market that has turned its investors from millionaires to millionaires in the last 20 years. It is a midcap company with a market value of Rs 2.13 thousand crore, which manufactures packaging products for the products of various companies. Especially for companies that need to pack their products in bottles. AGI Greenpack also makes bottles for the products of Diageo, a liquor company that sells alcohol under the Johnnie Walker brand name.

AGI Greenpac, which was listed in the stock market in the year 2002, has been continuously increasing the wealth of its investors for the last 20 years. The company has given bumper returns of more than 16,000 per cent to its investors since then, which makes it a multibagger stock.

Shares of AGI Greenpac closed at Rs 330.50, up 1.61 per cent on NSE today. However, when its shares started trading for the first time on July 5, 2002 on the NSE, its effective price was just Rs 2.02. In this way, in the last 20 years, the price of this stock has increased by about 16,261.39 percent.

It means that if an investor had invested Rs 1 lakh in the shares of AGI Greenpac on 5th July 2002 and had made that investment till date, the value of his money would have increased by 16,261.39% to about Rs 1.63 crore today and He was a millionaire.

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Talking about the recent performance of the company’s shares, it has fallen by about 9.29 percent in the last one month. However, since the beginning of the year 2022, its shares have gained about 49 per cent. In the last one year, it has given a return of 44 per cent to its investors.

Multibagger return of 192% in 5 years

In the last 5 years, the share price of AGI Greenpac has risen from around Rs 113 to Rs 330.50 and has given multibagger returns of 192 per cent to its investors. This means that if someone had invested Rs 1 lakh in its shares 5 years ago, today the value of his investment would have increased by 192 per cent to Rs 2.92 lakh.

about the company

AGI Greenpack is one of the leading product packaging companies in the country with its headquarter in Gurgaon. It is in the business of manufacturing various packaging products including glass containers, specialty glasses, polyethylene terephthalate (PET) bottles and products, and security caps. The company was established in 1960.

financial health of the company

AGI Greenpac’s net profit rose 484.19 per cent to Rs 65.78 crore in the June quarter as against Rs 11.26 crore in the corresponding quarter of the previous fiscal. On the other hand, the company’s total sales grew by 25.38 per cent to Rs 521.80 crore in the June quarter, as compared to Rs 416.18 crore in the same quarter of the previous financial year.

The company’s operating profit (EBITDA) increased by 42.63 per cent to Rs 92.25 crore in the June quarter from Rs 64.68 crore in the corresponding quarter of the previous fiscal.

Disclaimer: The information provided here is given on the basis of share performance. It is important to mention that investing in the market is subject to market risks. Always consult an expert before investing money as an investor. It is never advised to invest money here on behalf of Moneycontrol.

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