Multibagger

Multibagger penny stock under Rs 2; Board likely to announce stock split!
Multibagger penny stock under Rs 2; Board likely to announce stock split!

Multibagger penny stock under Rs 2; Board likely to announce stock split!

The stock gave multibagger returns of 440 per cent in just 6 months, 515 per cent in 1 year and over 1,250 per cent...

Kiran Shroff Article rating: 3.9
According to the quarterly results, the net sales increased by 340 per cent to Rs 2.56 crore the net...

What are Multibagger Stocks?

The term Multibagger was first coined in 1988, by Peter Lynch- in his best-selling book, "One Up On Wall Street" in which he describes that he derived inspiration from the game of baseball for the same. In this game, he says that the success of the game depends upon the number of bags or bases the runner attains. Relating the same concept he states that certain unique equity shares of some companies generate returns that are several times higher than their original cost of acquisition in a short span. For example, A ten-bagger is a stock that gives returns ten times more than the investment made.

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