Hemang Resources stock has gained 17 per cent in the last one month.
In 5 years, Hemang Resources has given about 595 percent profit to investors.
Today this stock is trading with a decline.
new Delhi. In the year 2022, huge ups and downs have been seen in the stock market. There have also been many stocks in this year full of ups and downs, which have made investors crazy. One such multibagger stock is Hemang Resources. This year this stock has given huge returns of 1920%. This share, which was available for Rs 3 in January 2022, has now become Rs 63 (Hemang Resources Share Price). That is, investors who invested Rs 1 lakh in this stock 20 years ago have now become crorepatis.
Hemang Resources Limited was earlier known as Bhatia Industries & Infrastructure Limited. It was established in the year 1993 as a Non Banking Financial Institution. In the year 2015, the name of the company was changed to Hemang Resources Limited. The company is active in coal trading and real estate sector. It deals in imported and indigenous coal. Along with this, the company has bought land at prime locations to work in the real estate sector.
Money increased 21 times
This stock has given 21 times return in one year. This means that if an investor had invested Rs 1 lakh a year ago at Rs 3, his amount would have increased to Rs 21 lakh today. Hemang Resources stock has gained 17 per cent in the last one month. At the same time, there has been a 23 percent jump in this stock in six months. In one year, this stock has given 1,930 per cent return to the investors. In 5 years, Hemang Resources has given about 595 percent profit to investors.
Investor became a millionaire in 20 years
In the long term also, this multibagger stock (Multibagger Return) has given excellent profits. The return of this stock has been 20,238 per cent in the last 20 years. In 2002, the share price was 31 paise. It has now increased to Rs.63. If an investor had invested Rs 1 lakh in this stock in July 2002, today his investment would have taken the form of Rs 3 crore.
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FIRST PUBLISHED : December 27, 2022, 13:31 IST