This company has made investors millionaires in just a few months, some time ago the share price of this company was just Rs 2 which is touching the sky today. Let's know about this company in detail
After reaching its lifetime high of Rs 1975.80 per share on NSE in April 2022, SEL Manufacturing Company's stock has been in the sell zone to date. In the last six months, this small-cap stock has lost more than 40 percent on NSE.
Despite falling more than 40 percent in the last six months, it is one of those multi-bagger stocks which have given tremendous returns in the last year. At the same time, in the last two years, this Multibagger Penny Stock has increased from Rs 2.25 to Rs 554.10 per share. This means that if someone has invested Rs 1 lakh, then its value would have been around Rs 2.5 crore.
How to become a multibagger stock in two years
This small-cap stock is under selling pressure since April 2022. Before the selloff trigger, the stock has given handsome returns to its shareholders.
The multi-bagger stock has declined by around 15 percent in the last month.
In the last six months, the multibagger stock has declined by over 40 percent to trade at Rs 554.
Despite falling more than 40 percent in the last six months, the stock has given nearly 750 percent returns in the last year.
As on 15 Jan 2021, this multibagger penny stock was trading at Rs 2.25 on NSE which is up 24,500 percent at Rs 554 per share.
Made about two and a half crore rupees from one lakh
If an investor had invested Rs 1 lakh in this small-cap stock a month back, it would have been valued at Rs 85,000.
Had the investor invested Rs 1 lakh in this multibagger penny stock six months ago, it would have been valued at Rs 60,000.
If an investor had invested Rs 1 lakh in this stock a year ago, its value would have increased to Rs 8.50 lakh.
If an investor had invested Rs 1 lakh in this penny sock two years ago, its value would have been Rs 2.46 crore.
