Are you new to the stock market or planning to invest in it? Remember the stock market is not a magic wand that will turn your penny into crores within a blink. Although, if you keep patience and hold good stocks for a longer period they will give you very good returns. So know one thing that patience is the most important factor for investors in the stock market. You can earn money in the stock market only if you do not buy and sell immediately, but have the patience to keep the shares with you for a long time. Today we will tell you about some stocks that turned lakhs into crores.These stocks turned Rs 10 thousand to Rs 10 lakh.
In November 2011, the share price of Bajaj Finance was around Rs 65. Whereas today this Bajaj Finance share is priced at Rs 7057. The stock of Bajaj Finance has grown more than 10000 percent in 10 years. This stock has made Rs 10 thousand to over Rs 10 lakhs in 10 years.
It was founded in 1981 by seven engineers led by NR Narayana Murthy. In 1987, the company opened its first international office in Boston. After 6 years the company introduced Employee Stock Options and in the same year, the company brought IPO. In 1999, it became the first registered company in India to be listed on NASDAQ. With the IT revolution in India, the company’s share price increased manifold and made many people millionaires in the country. The investor who had invested 10 thousand rupees in Infosys in 1995, its value has reached 1.5 crores today.
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Although this share has not performed well in 2021, within 11 years it has given huge returns. This share has increased from Rs 1.60 per share level since 2010 to close to Rs 520 now. That is, increased by about 324 times in this period. If someone had invested Rs 1 lakh in this stock 11 years ago, then his investment amount would have been Rs 3.24 crore now.
Astral Limited 2021 has also been a very profitable stock in the long run. So far in 2021 itself, it has given a 64 percent return. At the same time, the stock of Astral has given almost 100% returns in the last one year. The stock was at around Rs 12 per share in April 2010. Whereas today it is at Rs 2120. That is, it has given a 17610 percent return.
The stock of Vaibhav Global has been able to generate strong returns in the long term. The share price of Vaibhav Global was Rs 5.9 in December 2010. If we look at the current price it is valued at Rs 500. Its prices have risen more than 88 times.
Deepak Nitrite has increased from Rs 19 to Rs 2119 in 11 years. So far this year, the stock has given a return of around 112 per cent. In the last 11 years, the stock has increased 11799 per cent. If an investor had then invested Rs 1 lakh in Deepak Nitrite in 2010, his value would have been Rs 1.17 crore today.