This stock created a stir in the stock market!
The condition of the stock market has been bad for the last 5 months. The strong selling of FIIs is also continuing, but meanwhile one stock has been giving bumper returns to its investors for the last 6 months. Here we are talking about the shares of Indo Thai Securities Ltd Share.
People who invested 1 lakh became millionaires
This multibagger stock has made those who invested 1 lakh 5 years ago rich. On april 3, 2020, the price of its stock was Rs 14.70. Whereas on the last trading day last week, Friday, despite the fall in the market, this stock moved ahead at a rocket speed and touched the level of Rs 2,035. Its closing price was 1,993. That is, this penny stock has given a tremendous return of 13,457. 82 percent to its investors.
Investors who stick with the stock will get rich
In simple words, if someone had invested just Rs 1 lakh in the shares of Indo Thai Securities five years ago, he would have got more than Rs 1.35 crore today. That is, if he bought the company's shares for Rs 1 lakh at the price of Rs 14.70. Meanwhile, even after the value of the share increased, if he did not sell it and kept it on hold, then the value of his money invested on it would have increased to more than Rs 1.35 crore today.
What does the company do?
Indo Thai Securities, formed in 1995, is a stock broker company, which works as a service provider for many companies like real estate, green technology and IFSC. Apart from this, it also provides services for trading in indian equity market (BSE and NSE), futures and options and currency derivatives segment. Its market capitalization is Rs 2,200 crore. The company has given dividends to investors several times, including Rs 1 on 21 september 2021, Rs 1 on 22 september 2022, 60 paise on 15 september 2023, Rs 1 on 13 february 2024 and 60 paise per share on 20 september 2024. Let us tell you that in the last one year, the company's stock has given a great return of up to 502 percent and up to 471.39 percent in six months.
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