The shares of this company made 1 lakh more than 1 crore in just 10 years

 Multibagger stocks are right for you if you believe that making big money is not about buying or selling stocks, but waiting. These stocks can make you rich. Deepak Nitrite is a stock that made its investors millionaires by investing just Rs one lakh 10 years ago. The company's shares have returned 10,413.5 per cent in the last 10 years.

Deepak Nitrite Share Price History

If you look at the history of Deepak Nitrite share price, the stock of this company has increased from ₹ 18.50 per share on July 8, 2011 to स्तर 1,945 per share on July 9, 2021. This means that the stock has increased more than 105 times in the last 10 years.

 

The principle of buy, hold and forget

As is evident from the increase in the share price of Deepak Nitrite in the last 10 years, if one had invested ₹ 1 lakh in the counter 10 years ago under the 'buy, hold and forget' strategy, today ₹ 1 lakh ₹ 1.05 crore Would have done.

 Mudit Goyal, Senior Research Analyst, SMC Global Securities, said, “Deepak Nitrite's stock price is skyrocketing after giving a breakout of ₹ 1,000 on February 11, 2021. In fact, the stock is still looking positive on the charts. Pattern and anyone can buy this chemical counter with a stop loss of less than ₹ 1880 for a one month target of 40 2040 to ₹ 2100. "