Hindustan Foods Share Price: The share of a small cap company named Hindustan Foods has proved to be such a miracle for the investors. This stock has given amazing returns in the last 11 years.
Share Market Tips: Share market has brought many people from floor to floor and some people from floor to floor. There is as much risk here as there is profit. That’s why it is said that if you understand the statistics of the stock market, then you can become rich overnight.
But if there is even a slight mistake, then it will not take time to become a pauper. The share of a small cap company named Hindustan Foods has proved to be such a miracle for the investors. This stock has given amazing returns in the last 11 years.
56000 percent return in 11 years
Yes, the company’s stock has given a return of 56000 percent to the investors in the last 11 years. This share has increased from Rs 1 to Rs 560. Talking about the 52-week high level of this stock, it is Rs 749.15. At the same time, its high level is Rs 328.73. In the trading session that closed on Thursday, the stock rose by more than one and a half percent to reach Rs 565.35.
Where did the journey start?
The stock of Hindustan Foods was listed on the Bombay Stock Exchange (BSE) on August 24, 2012 at Rs.1. Now the share has reached Rs 565.35 on Thursday i.e. 6 April 2023. If a person has invested Rs 10000 in this share on 24th August 2012 and has not sold them till now, then these shares have given bumper returns at that time. For Rs 10,000, investors would have got 10,000 shares at that time. Today these shares would have increased from 10 thousand to 56.53 lakh rupees.
1627% return in six years
The stock of Hindustan Foods has given a return of more than 35000 percent in the last 10 years itself. These stocks have given a return of 1627% in the last six years. If we look at the six-year return of the stock, it was Rs 32.42 on April 7, 2017. It reached Rs 565.35 in the trading session that closed on 6 April 2023. According to this, if someone had invested Rs 1 lakh in shares six years back, then this money would have increased to Rs 17.43 lakh today.
