The Indian stock market has been very volatile in the last few years due to the Russia-Ukraine War, Kovid-19 and other global economic issues. However, long -term investors have benefited tremendously.
Today we are talking about one such share, which has given bumper returns to its investors in a long time. This is the stock – Jindal Steel and Power Ltd – JSPL.
This stock has given a return of up to 44,950% to long -term investors and has made it a money printing machine.
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Stock reached ₹ 2 to ₹ 901 in 23 years!
In March 2002, the share of Jindal Steel & Power was just ₹ 2.
But today its price has reached ₹ 901 on 12 March 2025.
If someone had put ₹ 1 lakh in this stock 23 years ago, then:
- His investment would have been more than ₹ 4 crore 50 lakhs!
- That is, a small amount made investors a millionaire.
The stock proved unmatched for long -term investors and gave a great multibagger return.
How was the share performance in the last few years?
In the last 5 years:
- There is a jump of up to 645%.
- During this time, stock has shown tremendous growth.
In the last 1 year:
- The stock has increased by 12%.
- However, it has also seen a slight decline in recent months.
Short period fluctuations:
- The stock declined by more than 11% in 6 months.
- The stock has increased by 8.22% in 1 month.
- The stock has fallen 4.33% since the beginning of 2025.