Investment in Penny stock: Many stocks have become multi-bagger stocks this year due to the year-round rise in the stock market. Shares of some companies have had good harvests in recent times.

 Investors have made unprecedented gains in the stock market. Those who have invested in penny stocks which have been converted into multi-bagger stocks have been able to earn unprecedented earnings.
Share Market Investment Mumbai: Many people are trying to make big money by investing less in the stock market.
Penny stocks offer such earnings opportunities. Many stocks have become multi-bagger stocks this year due to the year-round rise in the stock market.

Shares of some companies have had good harvests in recent times. Investors have made unprecedented gains in the stock market. Those who have invested in penny stocks which have been converted into multi-bagger stocks have been able to earn unprecedented earnings.

Simplex Papers Ltd's small stake in the company has made Ranka king. Investing in these stocks has made the average investor a millionaire. Sixteen months ago, the stock was literally making some money.
This penny share made 1 lakh to 1 croreThe share price of Simplex Papers Ltd is currently Rs 52.05. However, on July 31, 2020, the stock was available for only 54 paise.

In the sixteen months since then, the stock has made a whopping Rs. The rise in this stock continues. The stock also had an upper circuit on Friday. Those who invested in these stocks a few months ago have become millionaires.
The stock has returned 9,538 per cent in almost 16 months. The value of Rs 1 lakh invested in shares of Simplex Papers 16 months ago is now around Rs 96 lakh, or about Rs 1 crore.
This stock with penny stock has become a multi-bagger stock for investors. The company was established in 1994. The stock has created wealth for investors from Chiller.

How will the stock market trend continue?
In the last two weeks, the stock market has recorded both ups and downs. However, this did not dampen investor sentiment. Young investors in particular are increasingly attracted to the stock market.
Of course, both the Sensex and the Nifty have fallen below their record levels due to the market slump. The BSE benchmark Sensex and the National Stock Exchange index Nifty rose today.
The stock market is currently booming this year. Both the Sensex and the Nifty have recorded highs. Investing in the stock market is risky. Of course, it is advisable to take cautious steps in the stock market.

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05/12/2021 10:45 PM