₹4.34 to ₹730: Penny stock turns multibagger! ₹1 lakh becomes ₹1.68 crore in 5-year
Live MintMultibagger stock: Praveg shares are one of the multibagger stocks the Indian stock market has produced in recent years. So, if an investor had invested ₹1 lakh in this multibagger penny stock five years ago, its ₹1 lakh would have turned to ₹1.68 crore. Likewise, in the last five years, this multibagger stock has risen from ₹4.34 per share to ₹730 per share, recording around 15,700 per cent rally. Impact on investment Taking a cue from Praveg's share price history, if an investor had invested ₹1 lakh in this multibagger stock one month ago, its ₹1 lakh would have remained almost at the same level. However, if an investor had invested ₹1 lakh in this penny stock five years ago and had remained invested throughout the period, the absolute value of ₹1 lakh would have turned to ₹1.68 crore.