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Multibagger inventory: In post-Covid rebound, Indian inventory market not simply produced a great variety of multibagger shares however a great variety of multibagger IPOs (Preliminary Public Affords) as properly. Angel One IPO is certainly one of them. The general public subject of this fintech firm was launched in September 2020 at a worth band of ₹305 to ₹306 per fairness share. Angel One share worth as we speak is round ₹1460 which means the fintech inventory has surged round 5 occasions from its subject worth in round two years of itemizing.
Angel One share worth historical past
Angel One shares had a reduced itemizing on BSE and NSE on fifth October 2020. The multibagger fintech inventory opened at ₹275 on BSE and NSE, round 10 per cent decrease from its higher worth band of ₹306 per share. The multibagger additional went down on the itemizing date and made a low of ₹256 on BSE and ₹257 on NSE. Nevertheless, it recovered from its lows and ended at ₹275.85 on BSE and at ₹275.80 on NSE.
In final one month, this multibagger fintech inventory has surged from ₹1335 to ₹1460, logging close to 10 per cent rise on this interval. In YTD time, Angel One share worth has appreciated from round ₹1215 to ₹1460 ranges, logging round 20 per cent rise in 2022. In final six months, this multibagger inventory has ascended from ₹1125 to ₹1460 ranges, clocking 30 per cent rise on this time horizon.
Equally, since itemizing of Angel One shares, the multibagger fintech inventory has surged from ₹257 ranges (itemizing worth) to ₹1460, logging to the tune of 470 per cent rise in close to two years.
Multibagger inventory turns ₹1 lakh to ₹5.70 lakh in two years
Taking cue from Angel One share worth historical past, if an investor had invested ₹1 lakh on this fintech inventory one month in the past, its ₹1 lakh would have turned to ₹1.10 lakh as we speak. Equally, if an investor had invested ₹1 lakh on this multibagger fintech inventory in the beginning of recent yr 2022, its ₹1 lakh would have turned to ₹1.20 lakh in YTD time. If an investor had invested ₹1 lakh on this fintech inventory 6 months in the past, its ₹1 lakh would have tuned to ₹1.30 lakh as we speak.
Equally, if an investor had invested ₹1 lakh on this multibagger inventory on the itemizing date, its ₹1 lakh would have turned to ₹5.70 lakh as we speak.
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