Multibagger: Even though many people got ruined by drinking alcohol, this store of liquor has made many a lottery ..
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New Delhi : now brand Magic Moment Vodka and 8 p.m. (brand) You know its taste whether you taste it with friends or not. but because of the alcohol (Liquor) There are many such examples around us where many people are in trouble. But the company whose shares belong to both these liquors is with the investors. (investor) You will not be shocked when you are told that this has been done to Malamala.
Radico Khaitan is a large liquor company (Radico Khaitan Limited) This company has given strong returns on long term investment. But in the last one year, the stock of this company has declined by 6 percent.
This stock has not shown much peak on yearly basis. On a year-to-date basis, the stock has seen a decline of 17.81 per cent. But in the last six months, an increase of 35 percent has been registered in this stock. This stock has increased the amount of investors by 128 times.
The share price of this liquor maker company is now in thousands. But on June 20, 2003, the share price was only Rs.7.78. The stock had declined 0.51 per cent on Friday. At that time the stock had closed at Rs 1,003.
The stock has declined 4 per cent in the last month. Still, if someone had bought a share worth Rs 1 lakh 20 years ago, it would have been worth Rs 1.30 crore today. That is, this company has given strong returns.
This company has cheated long term investors. Investors who have invested in this company for a short period of time have also benefited a lot. The stock has gained more than 6 percent.
Radico Khaitan is one of the leading foreign liquor manufacturers in India. The company manufactures 15 brands such as Contessa Rum, Old Admiral Brandy, Magic Moment Vodka, 8 pm.
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