V Guard Industries delivered huge return – Business News India

A penny stock (cheap stock in terms of price) has delivered strong returns over the years. This stock has been worth Rs 3 and the investors who have invested in it have become rich. It is a stock of V-Guard Industries. Shares of V-Guard Industries have given returns of more than 7900 per cent to investors in the last 13 years. That is, investors who invested a few thousand rupees in the shares of the company became millionaires as of today.

10 thousand rupees became more than 8 lakh rupees
The Shares of V-Guard Industries were at Rs 3.04 level on the National Stock Exchange (NSE) as on 21 November 2008. On November 25, 2021, the company’s shares closed at Rs 244.50 on the National Stock Exchange. That is, in the last 13 years, the company’s shares have given returns of about 7,950 percent to investors. If an investor had invested Rs 10,000 in the shares of V-Guard on November 21, 2008 and maintained his investment, the amount as on date would have been more than Rs 8 lakh.

Also read- The country’s banking system is about to change? NITI Aayog proposed digital bank

Rs 1 lakh would have become more than Rs 80 lakh
If an investor had invested Rs 1 lakh in the shares of V-Guard Industries on November 21, 2008, the present amount would have been Rs 80.42 lakh. The shares of V-Guard Industries have given returns of more than 100% in the last 5 years. The market cap of V-Guard Industries is more than Rs 10,500 crore. Shares of V-Guard Industries have given returns of over 30 per cent so far this year. The dividend yield of the stock is 0.49 per cent.

Also read- Tomatoes are the cheapest here, only Rs 23 a kg, in Port Blair the most expensive Rs 135

For More News Visit Brave Tech