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Multibagger Stock: This stock made a flurry of money, made 1.86 crores in 21 years from 1 lakh

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Strong points

The market capitalization of Marico Limited is around Rs 67.73 thousand crores.
The company has leading brands in the segments of hair care, skin care, edible oils, health foods, men’s grooming and fabric care.
The shares of Marico Ltd. have jumped nearly 450% in the past 10 years.

New Delhi. Patience is bitter, but its fruit is sweet. The stock market investor must be very patient to make money. Investors who believe in long-term investing usually make huge profits in the market. There are many such stocks in the stock market that have given multiple returns over the long term. The stock name Marico Limited is also included in these stocks, which generates huge profits.

Money control According to a report by, Marico Limited today ranks among the large capitalization companies. Its market capitalization is around Rs 67.73 thousand crores. Marico Limited is a leading company in the FMCG sector. The company owns major brands such as Parachute, Nihar Naturals, Hair & Care, Livon, Saffola, Set Wet, Beardo, Revive, etc. in the Hair Care, Skin Care, Edible Oil, Health Foods, Male Grooming and Fabric Care segments.

Also Read- Hybrid Mutual Funds: 3 Funds Made Investors Rich in 15 Years, Yield Didn’t Decline Even on Market Volatility

Huge long-term profits
Shares of Marico Limited closed up 0.94% percent at Rs 524.60 on the National Stock Exchange (NSE) on Monday, August 8. Marico shares gained about 3.34% in one month. It grew by only 0.77% in one year. It has given 63.96% return over the past 5 years. The shares of Marico Ltd. have jumped nearly 450% in the past 10 years. Marico Limited’s share price on NSE in July 2001 was Rs 2.81. Today its price has risen to Rs 524.60. In this way, Marico Limited has given a multibagger return of 18,569.04% to its investors over the past 21 years.

Also read – Chhaparfad Returns: Knowing the returns of these stocks, you will also say – I wish! I would have invested money in these too

Rs 1,86,69,040 became Rs 1 lakh
If an investor invested Rs 1 lakh in shares of Marico Limited a month ago and maintained his investment, then today the value of his rupee has risen to Rs 1,03,400. If an investor had invested Rs 1 lakh in the shares of Marico Limited a year ago, today he receives Rs 1,00,770.

Similarly, if an investor had invested Rs 1 lakh 5 years ago, today his Rs 1 lakh has risen to Rs 1,63,960. 10 years ago, if an investor had bought the shares of this company by investing Rs 1 lakh, his money would have risen to Rs 5.50,000 today. However, if an investor had purchased the shares of Marico Limited for Rs 1 lakh in July 2001, his investment would have increased by 18,569.04% to Rs 1,86,69,040 today.

Keywords: economic news, Tips for earning money, multibagger stock, stock Exchange

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