Multibagger Stock: Praveg stock is one of the multibagger stocks that the Indian stock market has produced in recent years. In the last five years, Praveg's share price has increased from ₹4.34 per share to ₹730 per share, giving its domestic shareholders a return of 15,700 percent. So, if an investor had invested ₹1 lakh in this multibagger penny stock five years ago, his ₹1 lakh would have become ₹1.68 crore.
Praveg Share Price History
The multibagger stock has been in base building mode for the past one year. The multibagger penny stock has given zero returns in a month, while this small-cap multibagger stock had fallen by about 16 percent in the previous six months.
Praveg's share price has fallen by about 8 percent in YTD time. Despite this weak performance in 2024, Praveg stock is one of the wealth-building stocks for long-term investors. This Indian multibagger stock has given its investors more than 6 percent returns in a year.
In the last three years, the price of Praveg stock has increased from ₹139 to ₹730, which is a 5.25 times increase. Similarly, in the last five years, this multibagger stock has increased from ₹4.34 per share to ₹730 per share, registering a rally of about 15,700 percent.
Impact on Investment
Taking cues from the price history of Praveg stock, if an investor had invested ₹1 lakh in this multibagger stock a month ago, his ₹1 lakh would have remained at almost the same level. If the investor had invested ₹1 lakh in this multibagger stock six months ago, his ₹1 lakh would have become ₹84,000. Similarly, if an investor had invested ₹1 lakh in this multibagger stock in early 2024, his ₹1 lakh would have become ₹92,000.
If an investor had invested ₹1 lakh in this multibagger stock three years ago, his ₹1 lakh would have turned into ₹5.25 lakh. However, if an investor had invested ₹1 lakh in this penny stock five years ago and held it for the entire period, the full value of ₹1 lakh would have become ₹1.68 crore.
This multibagger stock is listed only on BSE and closed with a trading volume of 58,763 on Friday. This small-cap multibagger stock closed with a market capitalization of ₹1,669 crore on Friday. Its 52-week high is ₹1,300, while its 52-week low is ₹627.10 per share.
The above opinions and recommendations are those of individual analysts or brokerage firms, not Mint. We advise investors to check with certified experts before making any investment decisions.
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Multibagger Stock: If an investor had invested ₹1 lakh in this small-cap stock three years ago, his ₹1 lakh would have become ₹5.25 lakh today.
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