In four years, Suraj Products skyrockets to 5400% and multiplies ₹1 lakh into ₹55 lakh. Such low-float, high-risk stocks should only be considered if one is aware of the investment impact and key considerations. Keep in mind, always consult with a financial advisor before making any investment decisions.
Suraj Products Share Price
Investment in the stock market is a world of opportunities that may grow from even a minor investment level to immense wealth. However moving across these grounds is not easy, so one needs to carry out a detailed study and obtain some basic knowledge about risk tolerance. Low-priced penny stocks are inherently volatile, and one must have a high-risk tolerance before using them. At the same time, it can also give huge returns, such as is seen in Suraj Products’ inspirational story for the daring investor.
This is a small-cap company with a share price that has soared like a rocket in the market due to its huge multi-bagger prospects. In this article, we discover the incredible journey of Suraj Products by describing its price movement, the probability of return on investment, and important factors to consider before investing in penny stocks.
Now, strap your seat belts and let’s join this amazing story about rags-to-riches in the world of the stock market that is ever-changing.
Remember investor Charlie Munger’s wisdom: “The big money is just waiting.” This is true when it comes to penny stocks, where investing is like sponsorship of a business of any size. It is irrelevant to the market cap of a company whether the company is in a position to grow very rapidly or not. In the same way, a good stock should not only be based on whether it is penny, mid, or large-cap.
The example of Suraj Products shares will guide you through the amazing way of stock market investing and long-term investors can get their hands on large gains. This multi-bagger stock rose from ₹8 in just four years to almost ₹445, giving a whopping 5400 per cent return to its long-term investors.
Suraj Products Share Performance
- Past Month: Increased from ₹425 to ₹445, by 4%.
- Past Six Months: Increased by 95% from ₹229 to ₹445.
- Past Year: Up 2 30 from ₹135 to ₹445.
- Past Two Years: The share price increased by 300% from the initial ₹112 to the ₹445 mark.
- Past Three Years: Increased during the period by more than a thousand per cent from approximately ₹35 to ₹445.
- Past Four Years: The price of the multibagger increased by 5400%.
Investment Impact:
For instance, ₹1 lakh was spent on the Suraj Products Corporation.
- Six Months Ago: If you had put in your ₹1 Lakh, the amount would grow to ₹1,95,000 over the years.
- One Year Ago: If you had invested ₹1 lakh in 1951 under these conditions, your money would have turned into ₹3.30 lakh today.
- Three Years Ago: Considering you had ₹1 lakh today, it would have skyrocketed to ₹13 lakh over time.
- Four Years Ago: If you had continued to hold onto your investment of ₹1 lakh until today, it would have developed into a life-altering ₹55 lakhs.
Important Notes:
The company, Suraj Products, only trades its products on the BSE Exchange.
However, its low trading volume (5,656 on Friday), which makes it a low-float stock, should be used only with a high degree of risk.
On Friday, its market cap was ₹506 crore. The 52-week high for this BSE-listed small-cap stock is ₹455.60, and the 52-week low is ₹116.50.
