Shares of Gandhi Special Tube Limited have given excellent returns in 15 years. On October 3, 2008, the company's share price was Rs 59.70. After that, on September 29, 2023, the share price of the company has come to Rs 683.40. This means that in the last 15 years the company has given a return of 1044.72 percent to the investors.
Today the entire country is celebrating the birthday of the Father of the Nation, Mahatma Gandhi. On this occasion, cleanliness is also being done across the country under the Swachh Bharat Abhiyan. Well, today we have brought out a stock from your stock exchange whose name starts with Gandhi. For this reason we are calling this stock 'Gandhi' stock. This stock has given returns of more than one thousand percent to investors in 15 years. This means that if someone had invested Rs 1 lakh 15 years ago on October 3, then its value would have increased to more than Rs 11 lakh at present. Let us also introduce you to this Gandhi stock.
This is the name of the company
Gandhi Special Tube Limited is a stock exchange listed company. There is hardly any company named Gandhi in the stock market. This company listed in BSE and NSE manufactures tubes. In which seamless steel tubes, welded steel tubes, coupling nuts and fuel injection tubes are manufactured. The company's stock is listed in the stock exchange since February 2007. It has been continuously giving excellent returns to investors since then. According to experts, investors can get excellent returns from the company in the coming days.
Record returns given in last 15 years
Shares of Gandhi Special Tube Limited have given excellent returns in 15 years. On October 3, 2008, the company's share price was Rs 59.70. After that, on September 29, 2023, the share price of the company has come to Rs 683.40. This means that in the last 15 years the company has given a return of 1044.72 percent to the investors. Whereas in the last five years the company has seen a return of 98.26 percent. Investors have gained 58.65 percent of the company's shares in one year. If we talk about the current year, it has given a return of 32.79 percent. In the last 6 months, the company has given a return of 38.14 percent to the investors. Investors have suffered a loss of 8 percent from the company in one month. The company's shares have remained flat in the last 5 trading days.
One lakh turned into more than 11 lakhs
As we told you that in the last 15 years the company has given a return of 1044 percent i.e. more than 11 times to the investors. If an investor had invested Rs 1 lakh 15 years ago at Rs 59.70 per share, he would have got 1675 shares. Whose value at Rs 683.40 today would have been more than Rs 11.44 lakh. In this way, the company has increased the investors' investment of Rs 1 lakh to more than Rs 11 lakh in 15 years.
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