Invested 1 lakh Turned Into 13 lakh | Multibagger Stock | Penny Stock |

Invested 1 lakh Turned Into 13 lakh | Multibagger Stock | Penny Stock |

 Invested 1 lakh turned into 13 lakh 

Share price on june 2020 6 Rs. It fire to  87 Rs. today . 



MULTIBAGGER
MULTIBAGGER




Stock name is CG POWER & INDUSTRIAL SOLUTIONS


This stock has given more than 1300% returns to it's shareholders in just 11 months. The share runs from 6 rs to 87 rs today. 


If you had invested 1 lakh in CG POWER & INDUSTRIAL SOLUTIONS in june 2020 , would be turned into 13.5 lakh today . 


This share traded above the 50 day , 100 day and 200 day moving averages and lower than 10 day moving averages.


The company reported loss of 534.59 cr. for the quarter end december 2020, down 154% from 210.07 cr. In December 2019. 


Reason of this stock price increase is this - Murugappa group's company Tube investment of india has acquired 50.62% stake in CG power in November 2020. After this deal , it's share price continusly running high .




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