Skyrocketing Returns Catch Investors’ Eyes
Gabriel India Limited has become a symbol of staggering growth in the Indian stock market. Originally trading at 9 INR per share on April 22, 2005, the stock now trades at a whopping 315.10 INR, representing an astounding return of over 3,370% in the last 18 years.
Dramatic Growth Over Different Time Frames
In just the past month, the stock has provided a return of more than 27%. If we look at the last six months, the stock has yielded more than a 125% return. The stock’s performance so far this year also shows a rise of 65.67%.
The Power of Long-Term Investing
An investment of 1 lakh INR in this stock a year ago would have grown to 1.9 lakh INR today. Over five years, that amount would have ballooned to 2.4 lakh INR. Most astonishingly, anyone who invested 1 lakh INR on April 22, 2005, would now be sitting on a nest egg of 34.7 lakh INR. Going back 21 years, an investment of 82,000 INR would have turned into millions.
From Humble Beginnings
Remarkably, the stock traded at just 2.60 INR on September 20, 2002. Fast-forward to today, and it has increased by an almost unbelievable 12,110%.
A Word of Caution
While the data paints a rosy picture, it’s important to consult financial experts before making any investment. Stock market investments are inherently risky and should be made cautiously.
Time Frame | Initial Investment (INR) | Current Value (INR) | Return (%) |
---|---|---|---|
1 Month | 1,00,000 | 1,27,000 | 27% |
6 Months | 1,00,000 | 2,25,000 | 125% |
This Year | 1,00,000 | 1,65,670 | 65.67% |
Last 5 Years | 1,00,000 | 2,40,000 | 140% |
Since Apr 2005 | 1,00,000 | 34,70,000 | 3,370% |
Since Sep 2002 | 82,000 | Millions | 12,110% |