Multibagger SME IPO turns ₹1 lakh to ₹5 lakh
Fri, Jan 6, 2023 11:22 AM

Multibagger SME IPO turns ₹1 lakh to ₹5 lakh

A Flip by Moushumi
Get it on Google Play
PNGS Gargi Fashion Jewellery is one such multibagger IPO that the Indian stock market has produced in recent times. Notably, the stock has delivered over 300 per cent return to those allottees who remained invested in the stock after the dream debut of shares on 20th December 2022. If an investor invested ₹1 lakh in the shares during the listing, it would have turned to ₹5 lakh today.

More great flips

How large-cap stocks can offer a buffer against heightened volatility?

How large-cap stocks can offer a buffer against heightened volatility?

Over the past month, the Indian market has been dilly-dallying around the ground of the all-time range. Nifty50 is trading within a broad range of 1000 points, between 21,800 to 22,800. Although the market lacks a clear direction, it shows a positive trend as there has been no loss in investor value. The country’s total market capitalisation was sustained up by 2%, from Rs. 394 trillion.

Open Flip
JSW Steel expects margins to improve in FY25 on cooling input costs

JSW Steel expects margins to improve in FY25 on cooling input costs

JSW Steel expects to improve margins in the ongoing fiscal year, driven by cooling input costs, rising steel prices, and enhanced operational efficiencies, Jayant Acharya, joint managing director and chief executive, said."We had a strong financial year (FY24) in spite of Q4 challenges. We expect that FY25 will continue to be good as well," Acharya told Mint.

Open Flip
Is Energy Transfer Stock a Millionaire-Maker?

Is Energy Transfer Stock a Millionaire-Maker?

Can you become a millionaire by investing in Energy Transfer (NYSE: ET) stock? Absolutely. Over the long term, shares have proven a terrific investment. And given the company's unique asset base, there's a good chance this performance will be repeated in the years to come.There's only one catch: If you don't invest in this stock in a certain way, you may forfeit your chance of reaching the $1 mn.

Open Flip

Join our Smart Investment Community

More than 1 Million users are using FlipItMoney to stay updated about the business and finance world! Join FlipItMoney now and take smart investment decisions!
Icon