₹16.50 to ₹2,883: Multibagger penny stock turns ₹1 lakh into ₹1.83 crore in 16 years
3 weeks, 5 days ago

₹16.50 to ₹2,883: Multibagger penny stock turns ₹1 lakh into ₹1.83 crore in 16 years

Live Mint  

Multibagger penny stock: Stock market investors are always eyeing for stocks which have the potential to fetch them good returns. KDDL Limited share price, which ended Tuesday's trading session at ₹2,883, has surged nearly 17,373 per cent over the past 16 years, rising from ₹16.50 apiece to current levels. To put into perspective, if an investor had put in ₹1 lakh in the KDDL Limited stock sixteen years ago and hold it, it would have turned into ₹1.83 crore as per today's share price. KDDL Limited stock movement KDDL Limited share price was trading around 8 per cent down on February 25, to close at ₹2,883 apiece on Bombay Stock Exchange. KDDL's net profit surged 26.6 per cent year-on-year to ₹468 million in the quarter ending December 2024, up from ₹370 million in the same period last year.

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