2024-01-28 09:34:56
Here we are going to see about a stock that has fulfilled the dream of many in the stock market. Always buying and selling stocks is not profitable in the stock market. The benefits of waiting i.e. holding a stock for at least 3 to 5 years are now visible.Samayam Tamil
Waaree Renewable Technologies is a multipacker stock that has earned investors crores of rupees. Shares of Waaree Renewable Technologies Ltd have been one of the multibagger stocks offered by the Indian stock exchange in the past one year.
This multipacker stock has multiplied its cash for its shareholders over the past five years. During this period, this multipacker stock has risen more than 195 times, which means if an investor had invested Rs 1 lakh in this stock five years ago, you would have made a profit of Rs 1.95 crore by now.
Waaree Renewable Technologies Ltd share price has risen from Rs 17 five years ago to Rs 3,317.15 today. That is 19,412% profit per share in five years. If you had bought these shares for Rs 1 lakh then, the value would have now been Rs 1.95 crore, giving you a profit.
Now you know.. What is the benefit of holding a share for long term.. Now trade in the stock market with awareness.
Disclaimer: This article is for informational purposes only and is not intended as investment advice
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