For those investing in the stock market in India, multibagger stocks are those shares which attract investors a lot. ABP Live keeps giving you information about multibagger stocks and in this series today we are telling you about a stock which has given a tremendous return of 28,000 percent since its inception.
Multibagger share of Scenic 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. Its shares are seeing a rise of Rs 1293.45 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 the lowest level of this year was Rs 105.92 per share. In this sense, this stock has made its investors rich this year.
Highest and lowest level of one year and return
Exactly one year ago i.e. on 27 december 2023, the 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, then the stock has given a return of Rs 1126.35 per share. If seen on the basis of 5 years, Scenic Exports has given a tremendous 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 5 february 2025. The 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.
Market cap of Scenic Exports
The market capitalization of Scenic Exports has come down to Rs 432.15 crore and it is trading at 5.54 times its book value.
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