Multibagger Stock List 2023: In the Share Market, the stocks which give big returns to their investors in a short time are called Multibagger Stock. Today we are going to tell you about one such stock, which has made its investors so rich during the last few years that the investment value of just Rs 10,000 has increased to Rs 7 lakh.
More than 7500 percent return
We are talking about Alkyl Amines Chemicals Limited. This stock has consistently given excellent returns to its investors (Alkyl Amines Chemicals Return). During the last one decade, the price of this share has increased by more than 7,500 percent.
This means that if an investor had invested Rs 10,000 in this stock a decade ago and had held on to his investment till now, the value of his holding would have increased to Rs 7 lakh by now.
This is how returns have been received continuously
This stock has given tremendous returns to its investors even in a short period. Its price has increased by 366 percent in the last 3 years, while it has gone up by 878 percent in the last five years. On Friday, the scrip of Alkyl Amines Chemicals fell 1.15 per cent, or Rs 28.45, to close at Rs 2,441.35 on the NSE.
The company is part of BSE 500
It is a BSE 500 company, whose market capitalization is currently around Rs 12,480 crore. This means that it is currently one of the largest 500 companies listed on BSE. This company manufactures amines and amine based chemicals and supplies chemicals to pharmaceutical, agro chemical, rubber chemical, water treatment industry etc.
View Company’s Shareholding Pattern
If we look at the shareholding pattern of the company (Alkyl Amines Chemicals Shareholding Pattern), then the number of promoters comes with the maximum stake of 71.99 percent. At the same time, public investors hold the remaining 28.01 per cent shares of the company. Retail investors hold about 18.49 per cent shares in the company, while foreign investors hold 2.79 per cent. Mutual funds hold just 0.57 per cent of its shares.
Disclaimer: (The information provided here is for information only. It is important to mention here that investing in the market is subject to market risks. Always take expert advice before investing money as an investor. ABPLive.com It is never advised to invest money here.)
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