Apar Industries Stock Makes Investors Millionaires
Apar Industries, a company that manufactures aluminum and alloy conductors, has given hefty returns to its investors. The stock has not only given strong returns to long-term investors but also proved to be a better investment in shorter time frames. The stock of Apar Industries has given more than a 240 percent return in just one year. Shares of the company closed at Rs 3132.10 on Friday, June 17, 2023, up 0.69 percent on the BSE.
The stock of Apar Industries was at Rs 15.56 on June 13, 2003, and now it is at Rs 3132.10. This means that the stock of this company has increased the investors’ capital by 20029 percent in 20 years, and an investment of Rs 50,000 has become almost Rs 1 crore.
If we talk about the 52-week high and low of the company’s stock, then the 52-week high of the company’s stock is Rs.3296.40, and the 52-week low level of the stock of this company is Rs.832.85. The stock of this company has given 339.56 percent return to investors in the last five years.
Note: Investment advice is not being given here. Therefore, before investing, take advice from your financial advisor.
In summary, Apar Industries’ stock has made investors millionaires with an investment of Rs 50,000 in just 20 years. The stock has given more than a 240 percent return in the last one year and 339.56 percent return in the last five years.
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