Multibagger penny stock: Earning crores of rupees from the stock market is not a one -day job. This requires research and a lot of patience. Investors are constantly looking for multibagger stock that has the ability to give excellent returns. Today we are telling you about the share price history of a company that has given huge profits to its investors in the long term. This share is of Dynchron’s Systems and Solutions Limited. This stock has made its investors a millionaire.

The price was Rs 2.50.
It is worth noting that the share price of Dionex Systems and Solutions Limited was Rs 2.50 in May 2014. The stock is currently trading at Rs 1181 on NSE. This means that the price of shares of Dionex Systems and Solutions Limited has increased by about 46740 percent in 11 years. In this way, if 1 lakh rupees had been invested in this stock 11 years ago, then today its price would have increased to Rs 4.72 crore.

Stocks are steadily increasing.
Shares of the Dynchuns Systems and Solutions have given multibagger returns to its investors with an increase of more than 5,861.03 percent in the last five years. However, Penny Stocks have failed to influence short -term investors. Penny stock has come down 12 percent a year and about 4 percent in six months. So far this year, the stock has fallen by more than 19.30 percent.

December quarter results
Dienexon Systems announced strong results for the quarter ended December 2024. The company’s net sales increased by 36.25% to Rs 308.92 crore in December 2023 as compared to Rs 226.74 crore. The quarterly net profit also saw a significant increase of 40.19%, which reached ₹ 18.31 crore as compared to ₹ 13.06 crore in the same quarter of the previous year. In December 2023, Ebitda increased from ₹ 19.96 crore to 50.3% to ₹ 30.00 crore.

The post of ₹ 2.50 surprised, ₹ 1 lakh has become ₹ 4.72 crore, do you have shares? First appeared on News India Live | Breaking India News, The Indian Headline, India Express News, Fast India News.

Rahul Dev

Cricket Jounralist at Newsdesk

Leave a comment

Your email address will not be published. Required fields are marked *