Multibagger stock: Shares of K&R Rail Engineering have recently provided long-term investors with spectacular returns. In reality, this small-cap firm with a BSE listing is among the multibagger stocks the Indian stock market has generated in the previous year. This BSE stock has increased by 2,100% during the course of this time, from about 18 to 406.80 per share.
As previously stated, this small-cap multibagger stock is a stark illustration of how the force of compounding will raise your return if you stay invested for a long time. This multibagger stock has increased in value from about 224 to 406.80 per share over the past month, giving its stockholders an 80 percent return. This small-cap company has experienced a year-to-date (YTD) increase of around 500%, rising from values near 65 to $406.80 per share.
Similarly, this BSE-listed stock has increased by 1,450 percent in the past six months, rising from about 26.50 to 406.80 per share levels.
Similarly, in last one year, this BSE listed multibagger stock has surged from ₹18.65 to ₹406.80 levels, clocking near 2,100 per cent appreciation in this time.
Taking cue from this multibagger stock price history, if an investor had invested ₹1 lakh in this BSE stock one month ago, its ₹1 lakh would have turned to ₹1.80 lakh today. If an investor had invested ₹1 lakh in this small-cap stock at the beginning of new year 2023, its ₹1 lakh would have turned to ₹6 lakh today. Likewise, if an investor had invested ₹1 lakh in this small-cap multibagger stock six months ago, its ₹1 lakh would have turned to ₹15.50 lakh today.
Similarly, if an investor had invested ₹1 lakh in this multibagger small-cap stock one year ago, and it had remained invested in this BSE listed stock throughout the year, its ₹1 lakh would have turned to ₹22 lakh today.
This multibagger stock is available for trade on BSE only. In last session, this BSE stock ended with a market cap of ₹641 crore and its trade volume on Wednesday at 55,614. Its 52-week low is ₹17.30 apiece whereas its 52-week high is ₹442.85 per share.