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Rs 1,000 invested in these multibagger stocks could have earned lakhs in 10 years
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Rs 1,000 invested in these multibagger stocks could have earned lakhs in 10 years
Oct 18, 2018 7:32 AM

Do you have any of these stocks – Tasty Bite Eatables Ltd, Symphony Ltd, Bajaj Finance Ltd, Relaxo Footwears Ltd, and Safari Industries (India) Ltd in your portfolio?

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If not, then it's worth regretting for those investors who gave it a miss. Rs 1,000 invested in these stocks, 10 years ago, would have made you richer by few lakhs. During the same period, Sensex gave 249 percent return.

Shares of Tasty Bites were trading on Bombay Stock Exchange (BSE) at Rs 19.55 apiece on October 17, 2008, an investment of Rs 1,000 ten years ago will be now worth Rs 4.4 lakh.

The share of Pune-based manufacturer and seller of ready-to-eat eatables is currently trading at Rs 8,585 per share.

The shares of Symphony were trading at Rs 26.64 on BSE, ten years ago. An investment of Rs 1,000 would have got 37 shares of the Ahmedabad-based consumer durables company.

Symphony also announced 1:5 stock split in October 2011 and issued 1:1 bonus shares to its shareholders in July 2016. Considering these, the Rs 1,000 investment is now valued at Rs 3.7 lakh.

Bajaj Finance, the lending and investment arm of Bajaj Group, is currently worth Rs 3.07 lakh, taking into account a bonus issue and a stock split during this period. Bajaj Finance is currently trading at Rs 2,151.55 apiece.

Similarly, Rs 1,000 invested in Relaxo Footwears and Safari Industries, ten years ago, could have earned you over Rs 2 lakh.

Relaxo Footwears is a New Delhi-based footwear manufacturer, while Safari Industries is the third largest player in India’s organised luggage industry.

First Published:Oct 18, 2018 4:32 PM IST

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