2024-08-26 18:36:32
New Delhi: There are many such stocks in the stock market which have given huge returns to the investors in a short span of time. Penny stocks are far ahead among them. Due to their low price, many investors invest in these stocks. One such penny stock is currently making a splash in the stock market. This stock priced at less than two rupees has given huge profits to the investors in a short span of time. It has given more than one and a half times return in a year. The name of the company whose multibagger stock we are talking about is Johnson Pharmacare Ltd.
The price of this stock is currently Rs 1.32. On Friday, it gave investors a return of 4.76 percent. In just one month, this stock has filled the pockets of investors. In one month, it has given a return of 20 percent. Many banks do not give such a return even in FDs of one or two years or more. If we talk about six months, it has given a return of 43.48 percent. If you had invested one lakh rupees in it 6 months ago, you would have got a profit of 43.48 thousand rupees.
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More than one and a half times return in a year
This stock has given tremendous profit in one year. In this time, it has given a return of about 170 percent. That is, it has multiplied the investment amount by more than one and a half times. A year ago, the price of its share was just 49 paise. If you had invested one lakh rupees in it a year ago, this amount would have grown to Rs 2.70 lakh. That is, you would have made a profit of Rs 1.70 lakh in a year.
Bumper profit in 5 years
In 5 years, this stock has given huge returns to investors. In this time, it has given a return of 450 percent. 5 years ago, the price of its share was just 24 paise. If you had invested one lakh rupees in it 5 years ago, you would have got a profit of 4.50 lakh rupees and your amount would have increased to 5.50 lakh rupees.
Penny stocks are risky
Let us tell you that investing in penny stocks is quite risky. They fall as fast as they rise. Many times they almost wipe out the investment amount. Therefore, experts advise to invest carefully in penny stocks. These are the shares of such companies whose market cap is less than Rs 5000 crore. According to experts, one should not invest too much money in them. If you get the same return as the money invested, then first withdraw the money invested. Now invest the remaining amount further.
Disclaimer: The suggestions given in this analysis are those of individual analysts or broking companies, not of NBT. We advise investors to consult certified experts before making any investment decision. As stock market conditions can change rapidly.