who invested Rs 35,000 in Kajaria Ceramics share has gone carorepati now the stock has yielded 32,955 percent
Sharing market tips: Earning money in the stock market is easy and risky. If you choose the right actions at the right time and have patience, you can surely become a millionaire from a millionaire. Kajaria Ceramics is one such stock among millionaire stocks. India’s largest manufacturer of ceramics and glazed tiles has offered its investors the sweet fruit of their patience over the past 23 years.
Kajaria Ceramics has given 32955% yield in 23 years
Kajaria Ceramics was listed on the stock exchange about 23 years ago. Talking about its performance since January 1, 1999 till date, this stock has given huge returns in over 23 years. Let’s say that on January 1, 1999, it was only Rs 3.40, which had reached the level of Rs 1123.15 on the morning of October 11, 2022.
Only 35000 became more than 1.15 crores
If an investor would have bought this share on January 1, 1999, he would then have had to pay only Rs 3.40. At present, this stock has reached Rs 1123.20 with a yield of around 33,000%. That is, at that time, who would have invested only Rs 35,000 in this stock, today the price of his shares has risen to more than Rs 1 crore. At the same time, whoever invested Rs 1 lakh then, his money would have been more than Rs 3.29 crore today.
Read also: This stock has broken up to 70%, experts say to buy it immediately
Here, the company’s shares have lost 6.09% over the past five sessions. If we talk about the performance of the last 5 years, then during this period this company gave returns of up to 55%. Meanwhile, Kajaria Ceramics’ share has returned negative 14.55% so far this year. Its 52-week high is Rs 1374.90 and its low is Rs 885.30.
(Disclaimer: The performance information provided here does not constitute investment advice only. Investing in the stock market is subject to risks and please consult your advisor before investing.)