
₹4.60 to ₹1180: Multibagger penny stock turns ₹1 lakh into ₹2.56 crore in five years
Live MintMultibagger penny stock: The Indian stock market has produced numerous multibagger stocks, greatly enhancing the wealth of retail investors who consider long-term investing the key to achieving outstanding returns. One such multibagger stock is Lloyds Metals & Energy Ltd. Lloyds Metals & Energy share price, which is currently priced at ₹1,182.85, has surged 7,864.86 per cent in five years from ₹4.60 apiece, translating into over 256 times returns during the period. Lloyds Metals & Energy stock movement Lloyds Metals & Energy, with a market capitalization of ₹62,673.92 crore, saw its shares climb to an intraday high of ₹1,219 per share, gaining approximately 4 per cent during Thursday's trading session. Lloyds Metals & Energy's shares delivered impressive gains, surging 107% over the past year and soaring 808% over the last three years. About Lloyds Metals & Energy Lloyds Metals & Energy specializes in iron ore mining, sponge iron production, and power generation.
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