Multibagger IPO: Stock split effect! KPR Mill share price rally turns ₹6625 into ₹2.32 lakh in 18 years
1 month, 3 weeks ago

Multibagger IPO: Stock split effect! KPR Mill share price rally turns ₹6625 into ₹2.32 lakh in 18 years

Live Mint  

Multibagger IPO: As Rome was not built in a day, a stock market investor can't become rich overnight. Despite the weak listing, if a share allottee had remained invested in KPR Mill shares until date, following its conviction developed after scanning the company's financials, its ₹6625 would have turned into ₹2.32 lakh today. This wealth creation could have become possible due to the two stock splits that KPR Mill shares underwent after the share listing. So, if a share allottee had remained invested in the scrip to date despite the weak listing of KPR Mill shares, its shareholding in the company would have surged 10 times to 250 shares. If an allottee had remained invested in KPR Mill shares despite discounted listing, the absolute value of ₹6625 would have turned to ₹2.32 lakh.

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