By Admin 
Multibagger stock: The stock market is a fully risky game. The danger is the highest for new players. But if the right stock is selected, then you can also make thick money from it. But it is definitely a little patience. Also, some money will have to be invested for a long time.
Right now the stock we are going to talk about, he has given rough returns to investors and made 60 lakhs of one lakh in five years. This stock is of RMC switchgiers.
Fat money made from investment
The stock of this company has seen a tremendous rise of 5900 percent during the last five years and in three years this multibagger stock has given a great return of about 3211 percent. This is the reason that this stock sold at Rs 13 has reached a record of Rs 775.
Initially it showed a decline and from 2018 to 2020, the price of this stock slipped up to 75 percent. However, after that it caught pace and in the year 2021, it saw a huge jump of about 45 percent. After this, this stock gave tremendous returns in two years. In the year 2022, this stock saw 1039 percent, while in 2024 it saw a tremendous rise of 83 percent.
Swiggiers company condition
RMC switchgiers had a net profit of Rs 31.45 crore last year, while it showed a tremendous increase of 111.2 percent on an annual basis. During the second half of last year, the company’s net profit was 21.26 crores, while it was Rs 6.83 crore a year ago.