Multibagger Stock India: Investors in the Indian stock market are always on the lookout for stocks that can deliver multibagger returns. In this context, Thangamayil Jewellery has emerged as a key player...

This multibagger stock changed investors' fortunes; it returned ₹78 lakh on an investment of ₹1 lakh. Learn the details.

Multibagger Stock India: Investors in the Indian stock market are always on the lookout for stocks that can deliver multibagger returns. In this context, Thangamayil Jewellery has emerged as a key player. Shares of the company saw a strong rally on Friday, which increased investor enthusiasm.

Speaking of statistics, the stock rose nearly 10% to reach a high of ₹3491.80. Significantly, this stock has delivered excellent returns to investors over the past 10 years. An investment of ₹1 lakh has grown to over ₹78 lakh. Let's explore how the company has delivered multi-bagger returns to investors...

An investment of Rs 1 lakh became Rs 78 lakh

Thangamayil Jewellery shares have surprised investors with impressive returns over the long term. In February 2016, the company's shares were priced at around ₹89.37, and an investor investing ₹1 lakh at that time would have received approximately 1,118 shares.  

Subsequently, in July 2023, the company announced a 1:1 bonus share issue. Each investor received one bonus share for every one held. This increased the number of shares to 2,236. As of February 6, 2026, the company's stock price reached ₹3,491.80. The total value of these 2,236 shares is approximately ₹78.07 lakh, making this investment a strong example of a multibagger.

Company's condition in the stock market

The company's shares saw a strong rally on the BSE on Friday. At the end of the day, the company's shares rose 6.31%, or ₹200.25, to close at ₹3374.65.

The intraday high was ₹3,491.80. The company's 52-week high during this period was ₹4,138.15. The 52-week low was ₹1,526.45.