Investing in penny stock is considered more risky than other stocks. However, for those who want to invest more in the long run and do not hesitate to invest in such high risk stocks, this is a great option. This is because such investments offer very good returns in the long run. According to stock market experts, investing in stocks is like investing in a business. Nowadays, if investors are assured of the success of a small company's business model, they are investing in a large number of new and small start-ups. Similarly, when a high risk investor is convinced of the sustainability and profitability of the business model of a small listed company, he adds such stock to his portfolio and retains it for as long as possible. Such a strategy sometimes gives a very good return to the shareholders.
SRF shares are an excellent example of this. It is one of the 2021 Multibagger Stock of the Year. Let it be known that this chemical stock is already known for giving attractive returns to its shareholders. Over the last 20 years, SRF shares have risen by Rs. 3.71 (on 22 February 2002 on NSE) to Rs. 2424.50, an increase of 65,250 per cent in the share price.
In the last one month, the share price of SRF has gone up by Rs. 2349 to Rs. 2424 has been reached. This is an increase of about 3.5 percent. Shares of SRF have risen by Rs. 1812 to Rs. 2424, an increase of about 35 percent. In the last one year, the value of this multibagger stock has gone up by Rs. 1090 to Rs. 2424 has been reached. The increase is about 125 percent. If we talk about the last 5 years, this multibagger chemical stock is worth Rs. 315 to Rs. 2424, which can be increased by 675 percent.
4350% return in 10 years
If an investor invests Rs. 1 lakh and Rs. If you bought the stock at 54.54, now it is Rs. 1 lakh Rs. 44.50 lakhs. If an investor has invested Rs. If you have invested Rs. 1 lakh. 1 lakh Rs. 6.53 crore.
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SRF Share Price Outlook
Stock market experts are still bullish over the counter. He believes that multibagger chemical stock can give sharp upside. They bought the stock for Rs. Expect to reach 2600 level. Sumit Bagdia, executive director of Choice Broking, advises stock market investors to add SRF shares to their portfolios, saying the multibagger chemical stock is rebounding to its lowest level. At the same time, on a closing basis, it is Rs. Up to 2450 can give a technical breakout. After a breakout on the technical chart pattern, a multibagger stock could give a sharp upside movement. Rs. Can reach 2600.
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Sumit Bagadiya further adds that positional investors have invested Rs. Maintain a stoploss at 2250 and accumulate at each dip. The stock is ready to move into the Nifty Next 50 and Nifty 100 index from March 31, 2022.
Over the past decade, SRF shares have risen by Rs. 54.54 to Rs. 2424.50. This is an increase of about 4350 percent. At one time this multibagger stock was one of the penny stocks in the Indian secondary markets. This penny stock has risen to Rs. 3.71 crore to Rs. 2424.50. This increase is about 653 times.
Rs. 1 lakh will be invested Rs. 6.53 crore
If an investor invests Rs. If 1 lakh has been invested, it will be Rs. 1 lakh today Rs. 1.03 lakh. While in the last 6 months it was Rs. 1.35 lakh. If an investor had invested Rs. 1 lakh, then today it is Rs. 2.25 lakh. Similarly, if an investor invests Rs. 1 lakh, then at present it is Rs. 7.75 lakh.
