This company made a millionaire, 38000% return in one year, at one time the price was less than Rs 2 – ..
New Delhi: There are many multibagger stocks in the stock market which have made investors not millionaires but millionaires. And these are the stocks which have achieved this feat in just one year. Same number of shares are of Ujaas Energy Limited. The shares of this company have given bumper returns to investors in just one year. At present the price of this share is Rs 652.90.
Ujaas Energy, active in the renewable energy sector, has given good returns to investors even in 6 months. This stock has doubled investors’ money in two months and tripled in three months. And in 6 months the investor got about 20 times profit. Ujaas Energy is a small power generation company.
The amount doubled in two months
This share has doubled the investors’ money in two months. In the beginning of August, the share price of this company was Rs 325. Now it is Rs. Is 648.50. In such a situation, this stock has given a profit of almost 100 percent in two months.
Three times profit in three months
He has tripled the investors’ amount in three months. Three months ago, i.e. at the beginning of July, its share price was around Rs 210. Now it is Rs 648.50. If you had invested Rs 1 lakh in it three months ago, it would have become Rs 3 lakh today.
This is how stocks made millionaires
Ujaas Energy stock has made investors millionaires within a year. A year ago its price was less than Rs 2. That means around Rs 1.70. It has given a return of about 38000 percent in one year.
If you had invested Rs 1 lakh in this stock a year ago, today its value would have been Rs 3.80 crore, that is, those who invested Rs 1 lakh in a year would have become a millionaire.
What does the company do?
This company is located in Indore (Madhya Pradesh). This company works in the renewable sector. The company has a 2 MW solar plant in Rajgarh (Madhya Pradesh). The company is the first company to manufacture and sell solar RECs in the country from this plant. Its goal is to become a leader in green energy production. The market cap of the company is Rs 6.91 thousand crore.
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