Multbagger Stock: Small-cap company Hemang Resources is one of the few companies that has also given investors strong returns this year.
The company’s share prices have seen a rise of more than 2000 percent during the last year.
Let me tell you, this small-cap company, which distributes bonus shares, has changed the fortunes of the investors in just one year.
What is the history of the shares of the company (Hemang Resources share price history)
Shares of Hemang Resources have gained more than 20 percent in the last month.
At the same time, six months ago, the price of one share of the company was Rs 51, which has now become Rs 63.05.
In the last six months, the company’s share price has increased by more than 23 percent.
Let me tell you, on January 3, 2022, the cost of one share of Hemang Resources was just Rs.3.12. Since then, the company’s share price has increased by 1920 percent.
How was the impact on investment
An investor who would have placed a bet on Hemang Resources a month back would have seen his investment of Rs 1 lakh grow to close to Rs 1.20 lakh.
At the same time, the acquisition of Rs 1 lakh by investors who placed bets on the company at the beginning of the year has increased to Rs 22 lakh.
Let us inform you the 52-week high of the company is Rs 80.90.
When has the company given the gift of bonus shares?
The company was traded as X-Bonus in July 2011. Then on behalf of the company, three bonus shares were given to the qualified investors behind one bonus share.
