Rs 1 lakh in this stock made 53 lakhs in just 2 years, the favorite stock of the veteran investor

According to the June quarter data, Ashish Kacholia holds 3.89 percent stake in the company i.e. he has 4.59 lakh shares.

Rs 1 lakh made 53 lakhs in just 2 years

One after the other in the Indian stock market during the recovery after Kovid multibagger are being seen. Many of these stocks are also being trusted by the country’s veteran investors. One such stock is from Xpro India. This stock is also included in Ashish Kacholia’s portfolio. The stock has seen a sharp jump during the last 2 years and during this time the stock has given a return of more than 52 hundred percent. That is, in 2 years, one lakh rupees invested in this stock has increased to 53 lakh rupees so far.

Know how much the stock earned

In the last 6 months, the stock has increased from the level of Rs 700 to the level of Rs 795, which means that investors have got a return of 13 percent in the stock. In other words, in 6 months, one lakh rupees invested in this stock has increased to Rs 1.13 lakh so far. At the same time, in the year 2022, so far the stock has increased from the level of 625 to the level of 795. That is, it has got a return of 30 percent. In the last one year, the stock has proved to be a multibagger and during this time the price increased from Rs 180 to 795 levels. That is, in a year, one lakh rupees invested in the stock has increased to 4.4 lakh rupees. At the same time, in the last two years, the stock has increased from Rs 15 to Rs 795 level. That is, one lakh rupees invested in it has increased to 53 lakh rupees so far.

what does the company do

Xpro India is a company associated with the polymer processing industry. The company is part of the Birla Group. The company’s income increased from Rs 91 crore to Rs 160 crore in the June quarter. At the same time, the profit increased from Rs 5 crore to Rs 18 crore. According to the June quarter data, Ashish Kacholia holds 3.89 percent stake in the company i.e. he has 4.59 lakh shares.