Kabra Drugs Multibagger Stock: Amidst the ongoing turmoil in the Indian stock market, some penny stocks prove to be multibaggers for investors. Shares of Kabra Drugs Limited are also included in this list. The stock has given multibagger returns of 4950 percent to investors. Let us know about this share…..

Travel from 1 lakh to 50 lakh

Shares of Kabra Drugs were trading at around 65 paise around February 2019. At that time, if an investor had invested Rs 1 lakh and maintained the investment, then at the current price of around Rs 32, its value could have reached around Rs 50 lakh. That is, this penny stock has given investors an opportunity to create manifold wealth.

Multibagger returns made investors rich

Shares of Kabra Drugs have given excellent returns to investors in the long run. Talking about the figures, the stock has jumped by about 4960 percent in the last 7 years. Due to which it has become a note printing machine for investors in the long term.

At the same time, it has registered a rise of 589 percent in a period of 5 years and about 514 percent in three years. Due to which investors have made huge profits.

Gave excellent returns even in short time

Talking about the short term, the stock has maintained good performance despite the weak market environment. The stock gave a return of 209 percent in the last one year. Apart from this, the stock has been successful in attracting the attention of investors by showing a rise of more than 65 percent in the last six months and about 17 percent in a month.

Company’s performance in stock market

There is a decline in the shares of Kabra Drugs Limited on 24th February. The shares were trading at Rs 30.50, down 3.39 per cent or Rs 1.07, on the BSE around 2:50 pm. The shares started the day at Rs 31.57.

The intraday high of the day was Rs 32.60. The 52-week high level of company shares is Rs 35.52 and the 52-week low level is Rs 10.56. The market cap of the company is Rs 72.31 crore.

Disclaimer: (The information provided here is being given for information only. It is important to mention here that investment in the market is subject to market risks. Always take expert advice before investing money as an investor. ABPLive.com never advises anyone to invest money here.)

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