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Top 5 Multibagger Stocks: There are many stocks in the stock market that have ruined investors in a very short time. That is to say, there are many stocks that have made investors millionaires in a few years with an investment of Rs 1 lakh. The special thing is that none of these stocks are in the largecap category. About these 5 stocks that will make you a millionaire in no time…
1. Waaree Renewable Technologies Shares
Wari Renewable Technologies stock has given bumper returns to investors in the last 5 years. On May 3, 2019, the price of one share was just around Rs 3.50 which is now running at Rs 1990. If a person has invested Rs 1 lakh in this stock 5 years ago, then his investment would have grown to more than Rs 5.68 crore. Let us tell you here that the 52-week high of this stock is Rs 3037 while the lowest level is Rs 240. The market cap of the company is Rs 20,730 crore.
2. Hazoor Multi Projects Share
The next stock in this list is Hajur Multi Projects Limited. In May 2019, its per share price was just Rs 1.50. However, now this stock has reached the level of Rs 613. That is, if someone had invested Rs 1 lakh in this stock 5 years ago, then today his investment would have increased to Rs 4.08 crore. Let us tell you here that the 52-week high of the stock is Rs 639 and the lowest level is Rs 115. The market cap of the company is Rs 621 crore.
3. Raj Rayon Industries (Raj Rayon Industries Shares)
Shares of Raj Rayon Industries have also ruined investors in 5 years. In May 2019, the price of this stock was just 10 paise. Now it has increased to Rs 25. If a person had invested Rs 1 lakh in this stock 5 years ago, then today that amount has increased to Rs 2.5 crore. The 52-week high of this stock is Rs 41 while the lowest level is Rs 15. The market cap of the company is Rs 1382 crore.
4. Praveg Limited (Praveg Limited Share Price)
Another multibagger stock is Praveg Limited. This stock has also given strong returns to investors in 5 years. On May 7, 2019, the share price was Rs 3.58. Which has now increased to Rs 790. If a person had invested Rs 1 lakh in this stock five years ago, then today that amount would have increased to Rs 2.20 crore. The 52-week high of the stock is Rs 1300 while the lowest level is Rs 504. The total market cap of the company is Rs 1807 crore.
5. WS Industries (WS Industries Share Price)
5 years ago i.e. in May 2019, the share price of WS Industries was just 75 paise. Whereas now its price is around Rs 152. That is, if an investor had invested Rs 1 lakh crore at that time, today that investment would have increased to Rs 2.02 crore. Here the 52-week high of the share is Rs 194 and the lowest level is Rs 93. The market cap of the company is Rs 965 crore.