Eicher Motors’ stock returns over 53000% in 21 years
Eicher Motors, the company that produces Royal Enfield motorcycles, has given its shareholders a whopping return of over 53000%. The company’s shares have gone up from INR 7 to crossing the INR 3700 mark. The 52-week high level of the shares is INR 3886, while the low level is INR 2585.30.
Key Highlights:
– Eicher Motors’ shares were trading at INR 6.99 on June 26, 2002, when it was listed on the Bombay Stock Exchange (BSE). Today, it is trading at INR 3714.35, giving a return of 53037%.
– If someone had invested INR 1 lakh in Eicher Motors’ shares on June 26, 2002, the investment would be worth over INR 5.31 crore today.
– In the past 15 years, the shares have given a return of 13407%, while in the past 10 years, it has given over 945% return.
It is important to note that investing in the stock market is subject to risk, and investors should consult their advisors before investing.
Disclaimer: This article is for informational purposes only and should not be considered as investment advice.
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