By Admin 
Multibagger Stock India: In the Indian stock market, investors are always looking for such shares which can give them multibagger returns. In this context, the name of Thangamayil Jewelery has emerged rapidly. There was a strong rise in the company’s shares on Friday’s trading day. Due to which the enthusiasm among investors increased.
Talking about the figures, the share had risen by about 10 percent to reach a high level of Rs 3491.80. The special thing is that this share has given excellent returns to investors in the last 10 years. Where the investment of Rs 1 lakh increased to more than Rs 78 lakh. Let us know how the company has given multibagger returns to investors….
Investment of Rs 1 lakh becomes Rs 78 lakh
Thangamayil Jewelery shares have surprised investors by giving huge profits in the long run. In February 2016, the price of the company’s shares was around Rs 89.37 and at that time an investor who invested Rs 1 lakh got around 1118 shares.
After this, in July 2023, the company had announced the issuance of bonus shares in the ratio of 1:1. Due to which every investor got one share as bonus in exchange for his one share. In this manner the number of shares increased to 2236. Now on 6 February 2026, the company’s shares have reached the level of Rs 3491.80. In such a situation, the total value of these 2236 shares has become around Rs 78.07 lakh. Which makes this investment an example of a strong multibagger.
Company’s condition in stock market
There was a tremendous rise in company shares on Friday’s trading day on BSE. At the end of the day, the company shares closed at Rs 3374.65 with a rise of 6.31 percent or Rs 200.25.
The intraday high of the day was Rs 3491.80. Talking about the 52-week high level of company shares, during this period the shares had touched the figure of Rs 4138.15. At the same time, the 52 week low level was Rs 1526.45.
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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