Multibagger stock turns 35 paise to Rs 209.85, delivers 59,857% return in less than 6 months

Sel Manufacturing Company Ltd has delivered a return of more than 59,857% in less than six months to its investors. 

New Delhi: In the recent past, several penny stocks have turned multibagger, delivering impressive returns to investors in a span of a few months. While investment in penny stocks is a risky affair, many have made a fortune by investing in shares that delivered multibagger returns. 

One such stock, Sel Manufacturing Company Ltd, has delivered a return of more than 59,857% in less than six months to its investors. Sel Manufacturing Company’s stock price has increased from 0.35 paise on October 27, 2021, to Rs 209.85 on February 17, 2021.  

So, if you had invested Rs 10,000 on October 27, 2021, your invested sum would have increased to Rs 59,95,714 in just a matter of fewer than six months.