Shares of Jyoti Resins and Adhesives Ltd gave hefty returns to the investors
Investing in the stock market can be a profitable venture if done wisely. One such story is of Jyoti Resins and Adhesives Ltd, whose shares have given staggering returns to its investors. Here is what you need to know:
The background
Jyoti Resins and Adhesives Ltd manufactures synthetic resin adhesives. The company’s stock has witnessed a steady rise, and it has given handsome returns to the investors in the long term.
The returns
The share of Jyoti Resins and Adhesives Ltd was trading at the level of Rs.2.95 on June 13, 2014. As of June 5, 2023, the stock has reached the level of Rs.1403, giving around 79.94% returns in the last year. Those who invested only Rs.21 thousand in this share have become millionaires today.
The current status
The share of Jyoti Resins and Adhesives Ltd closed at a level of Rs.1403 with a gain of 0.15 percent on BSE on June 5, 2023. The 52 week high of this company’s stock is Rs.1818.45, and the 52-week low level is Rs.700.33.
Investment advice
Investment advice is not being given here. Therefore, before investing, take advice from your financial advisor.
In conclusion, Jyoti Resins and Adhesives Ltd is one of the multibagger stocks that have given huge returns to its investors. However, investing in the stock market involves risks, and one should always take advice from their financial advisor before investing.
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