1300% return in 5 years, this share purchased by LIC and mutual funds made them wealthy – India TV Hindi

Multibagger Inventory Dixon Applied sciences : Buyers’ confidence within the shares wherein LIC and mutual funds make investments often will increase. Right now we’ll let you know about one such inventory, which has made its buyers wealthy. The identify of this firm is Dixon Applied sciences. Many mutual funds like HDFC Mutual Fund, Nippon India Trustee, PGIM India Trustee and so on. have invested cash within the shares of Dixon Applied sciences. Not solely this, the nation’s largest insurance coverage firm LIC has additionally invested cash on this share. It’s a Noida based mostly electronics manufacturing companies firm.

150% return in 1 yr

Within the final one yr, Dixon Applied sciences shares have given virtually 150 p.c returns to its buyers. On the similar time, within the final 5 years, Dixon Applied sciences shares have given bumper returns of greater than 1300 p.c. Even amidst the large promoting happening within the inventory market, Dixon Applied sciences shares have given 10 p.c return within the final one month. Other than this, this inventory has given 40 p.c return within the final 6 months. Thus far this yr, Dixon share value has elevated from Rs 6,460 to Rs 6,952 per share.

1 lakh grew to become 14 lakh

This inventory has been a multibagger inventory of the Indian inventory market within the final one yr. Throughout this era, the corporate’s shares elevated from Rs 2,868 to Rs 6,952. Throughout this era, this inventory rose by 150 p.c. On the similar time, within the final 5 years this share elevated from Rs 494 to six,952 p.c. On this method the share has given an amazing return of 1300 p.c throughout this era. If an investor had invested Rs 1 lakh within the shares of Dictionary Applied sciences 5 years in the past, the worth of this funding at the moment would have been Rs 14 lakh.

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