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Saturday 30 April 2016

Rs 1 lakh invested in these stocks would have made you crorepati



Rs 1 lakh invested in these stocks would have made you crorepati



We pulled up our database to look for stocks that have been the greatest multibaggers over the past 10 years.

That the Indian market has given outstanding returns over the long term is a known fact. But if we look deeper, individual stocks have posted returns that are nothing short of breathtaking. We pulled up our database to look for stocks that have been the greatest multibaggers over the past 10 years. To help understand the scale, we have also shown how much Rs 1 lakh invested in each stock would have grown to now. The exercise is by no means one that seeks to indulge in hindsight analysis and suggest that making such moneys by individual stock-picking is easy (most of the names mentioned below were, 10 years ago, barely-known smallcaps -- so an investor back then likely had smaller than one-in-a-million shot of identifying such companies and holding them through). But it does show that stock returns, at their best, can outpace virtually any other investment by a mile.




Happy Investing
Source: Moneycontrol.com

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