Multibagger Stock: For those investing in the stock market in India, multibagger stocks are those stocks which attract investors a lot. ABP Live continuously keeps giving you information about multibagger stocks and in this series today we are telling you about a stock which has given a whopping return of 28,000 percent since its inception.
Multibagger Share of Ceenik Exports (India) Ltd.
Today know about the share of Scenic Exports which has given a return of 28,427.47 percent from its all-time high level. An increase of Rs 1293.45 is being seen in its shares from the beginning till today. Today the share level is at Rs 1298. Its highest level of 52 weeks i.e. one year is Rs 1432.45 and its lowest level of the same year was Rs 105.92 per share. If seen from this perspective, this stock has made its investors rich this year itself.
One Year Highs and Lows and Returns
Exactly a year ago i.e. on 27 December 2023, a level of Rs 105.92 per share was seen in the shares of Scenic Exports. Today Scenic Exports has made a day high of Rs 1298.95 and if calculated on this basis, the share has given a return of Rs 1126.35 per share. If seen on the basis of 5 years, Scenic Exports has given a handsome return of 20,000 percent in its shares.
Scenic Exports will give bonus shares
Scenic Exports is going to give bonus shares in the ratio of 1.5 and its record date has been fixed for February 5, 2025. Issue of shares in the ratio of 1.5 means that for every 5 fully paid-up shares, shareholders will get 1 fully paid-up equity share.
Scenic Exports Market Cap
The market capitalization of Scenic Exports has come to Rs 432.15 crore and it is trading at 5.54 times its book value.
read this also
Osamu Suzuki, former chairman of Suzuki Motor Corp, dies at the age of 94
