Multibagger Stock: In the stock market, thousands of companies are listed on both the NSE and BSE exchanges. Among them, a few select stocks have delivered extraordinary returns over the long term, earning the reputation of being “multibagger” stocks among investors. Can you believe that a stock could deliver a return of 36,000%? If you had invested ₹10,000, it would have grown to ₹36 lakh. Most people would find this hard to believe, but it’s true.
According to an ET report, this multibagger stock has tripled investors’ money in the past six months alone and has delivered an astonishing 36,000% return in five years. Let’s dive into the details.
This Education Stock Has Shown Impressive Growth
The name of this multibagger stock is ‘Vantage Knowledge Academy’, an education company. This small-cap company has a market capitalization of approximately ₹2,596.35 crore. Over the past three months, the company’s stock has risen by 91%, and in the past year, it has surged by a remarkable 1,800%. The stock’s 52-week high is ₹270.70, while the 52-week low is ₹11.71. As of today, the stock closed at ₹216.70, down 5%.
Five years ago, in January 2020, this stock was trading below ₹1. If an investor had invested just ₹10,000 in Vantage Knowledge Academy shares at that time, the investment would now be worth approximately ₹36 lakh. This is because, over the past five years, the stock has delivered a mind-boggling return of 36,106.35%.
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